Sanctions will break Russia’s economy in the end: Germany

Bloomberg

Russia’s economy has been dealt a severe blow by international sanctions imposed following the invasion of Ukraine and that
damage will become increasingly clear, according to Germany’s vice chancellor.
The revenue Russia receives from commodities like oil and gas is “painful,” Robert Habeck, who is also the economy minister, said in a speech to parliament. But that doesn’t accurately reflect the pressure President Vladimir Putin is under because the country can “barely spend any of it,” he said. Habeck said that a shortage of software security updates for aircraft will soon lead to planes being grounded while a lack of high-tech equipment will “lead to
production processes being destroyed.”

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