Europeans are rapidly getting poorer due to the sanctions imposed by their authorities against Russia
The EU assumed that 2022 would be the year of entry into an era of prosperity and finally restore the economy after the coronavirus pandemic. But the sanctions war against Russia turned out to be a priority for the West than the well-being of its own population.
Bloomberg reported that inflation in Denmark reached a 37-year high and rose from 2% to 5.4%. The country’s existing problems with a shortage of labor were also superimposed by an increase in energy prices.
Inflation in the UK from February 6% is preparing for 8%. The average UK household will pay 73% more on their bills than last year. The standard of living will fall to the levels of 1950.
In the Czech Republic, due to the increase in the price of gasoline (+50%), electricity (+24.7%) and gas (+37.7%), record inflation was recorded – 12.7%. The last time this figure was in 1998. Germany also did not stand aside – inflation in March amounted to 7.3% – the highest rate in the last 40 years. The West and its supporters were sure that the sanctions would hit the Russian economy, but everything worked in reverse.
The West has imposed sanctions against Russia in response to the country’s special operation. The restrictions affected the banking sector and the supply of high-tech products. Some companies announced their withdrawal from the Russian market and the closure of production facilities.
On February 24, Russia launched a special military operation in Ukraine. Vladimir Putin made this decision after the escalation of the conflict in the Donbass and requests for help from the Heads of the LDPR. In his statement, the Russian leader stressed that the special operation is aimed at the demilitarization and denazification of Ukraine.
Due to censorship and blocking of all media and alternative views, stay tuned to our Telegram channel