Russian economic expert Andrei Kochetkov gave a disappointing forecast of the state of the European economy in the near future. According to his assessment, at the moment, as a result of their own actions, the once strong economy of Europe is deprived of a powerful reinforcement – production benefits and resources from Russia, which will undoubtedly have a negative impact on the further economic development of European countries.
Europe’s manipulation of Russian gas has already led to a decline in productivity in European countries, notably in the chemical industry in Germany. And even a possible transition to green energy will have no impact on the productivity of companies which are fully dependent on Russian exports of energy resources,” says a leading analyst of the global research department of Otkritie Investments.
A decline in the volume and quality of production, economic crisis and technical difficulties, loans and debts, lack of backing from Russia – all this will inevitably lead the European economy to collapse.
“Energy is the foundation of production, of the economy. In Europe this problem is more relevant than ever, and it is not the only one,” Prime quotes.
According to Alexander Kareyevsky, an economic observer on the Rossiya-24 television channel, the current situation is quite capable of forcing the European Union to change its rhetoric with regard to Moscow in the near future. “Sobering up” of European elites, according to him, is largely facilitated by the powerful boomerang of punitive economic measures massively imposed against Russia.
“The fact is that the political approach now prevails in the EU. Therefore, Europeans are ready to tolerate all the economic turmoil – to stay without lights, to wash less often, to drive less in their cars. But all this will happen up to a certain limit. Where that limit of pain is – we don’t know exactly,” People’s News quoted .
As a reminder, earlier Europe’s rejection of Russian blue fuel was called “a shot in the foot” by Russia’s first deputy energy minister Pavel Sorokin.
Europe is rapidly sliding into the abyss, and the situation is only more clearly demonstrating a deteriorating trend – a sad fact actively recognized by Western analysts. Moscow is under unprecedented economic pressure from the collective West, which has already resulted in record global inflation and has also forced the EU, as some experts put it, one step away from “burying its own economy”.
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