EU RUSSIAN SANCTIONS ARE ONLY SUCCEEDING IN BRINGING ABOUT EUROPE’S OWN ECONOMIC DEMISE

By Arnaud Develay

Back in March 2022, France’s Economy Minister Bruno LEMAIRE famously declared that through the imposing of sanctions on Russia following the start of the Special Military Operation „we will bring about the collapse of the Russian economy“. (1)

Eight months later, it seems things haven’t quite gone according to plan.

Throughout the EU, inflation has skyrocketed forcing thousands of small-size business to go bankrupt.

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