Europeans come to the conclusion that sanctions on Russia have practically no effect

Russia turned out to be surprisingly well prepared for a long economic confrontation with the West. Experts point out that the Russian economy and the financial system continue to function despite serious sanctions pressure, writes the German publication Deutsche Wirtschafts Nachrichten (DWN).

Contrary to forecasts, the Russian currency is strengthening. There was an increase in the exchange rate of the ruble instead of the expected peak. This became possible due to the fact that the Russian Federation maintained and even increased its export earnings, while imports decreased.

European analysts are really puzzled by this development. They came to the conclusion that the effect is not the same. Anti-Russian restrictions practically do not work, that is, they have an extremely weak impact, which the Russians manage to compensate for.

The experts found that the attempts of the EU authorities to refuse to purchase Russian energy raw materials (coal, oil and gas) did not lead to the expected results. United Europe really began to buy a little less energy from the Russian Federation, but it began to pay for them in rubles, and even limited the supply of its goods.

At the same time, Russia promptly reoriented its trade flows to Asia, compensating for the losses. The giant markets of India and China are buying up everything, at the same time supplying the Russians with scarce goods.
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  1. Observer2014 Offline Observer2014
    Observer2014 24 May 2022 13: 41
    Russia turned out to be surprisingly well prepared for a long economic confrontation with the West.

    Yes. What is. That is. We are the simple people of Russia so strongly standing on our feet and not hovering in financial clouds as possible. Therefore, we simply had nowhere to fall request
  2. Bulanov Offline Bulanov
    Bulanov (Vladimir) 24 May 2022 13: 52
    They stopped exporting loot from Russia, so it healed better. Was it not clear before? Another would be to increase the production of goods in Russia itself, so as not to buy over the hill. And then Matvienko says that they even began to buy nails abroad.
    Maybe that's why in Russia before churches were built without a single nail in order to use everything that was theirs?
    1. Siberia55 Offline Siberia55
      Siberia55 (Yuri) 24 May 2022 14: 06
      What car are you driving? On a foreign car? Then how to raise our own, if we are all accustomed to buying everything imported with bulging eyes? I agree that we do not produce everything that is required and we have to take it over the hill. But after all, out of 2 things, imported and domestic, the majority, as under hypnosis, choose imported. Domestic remains unclaimed, enterprises cannot sell their products and naturally go bankrupt. That's right, a generalization. So how can we start with ourselves?
      1. Michael L. Offline Michael L.
        Michael L. 24 May 2022 16: 42
        If the domestic is comparable in quality and cheaper: no "hypnosis" will work!
  3. Igor Viktorovich Berdin 24 May 2022 14: 00
    Well, nice. Now we will liberate Novorossia and then we will also become a food superpower.
  4. Vox Populi Offline Vox Populi
    Vox Populi (vox populi) 24 May 2022 17: 29
    Europeans come to the conclusion that sanctions on Russia have practically no effect

    Glory to these Europeans! winked
    In reality, everything will become more or less clear in 3-6 months ...
  5. Potapov Offline Potapov
    Potapov (Valery) 25 May 2022 08: 30
    They didn’t guess again ... They wanted to rob, kill and humiliate Russians with impunity - they got the consolidation of the country ... All carriers of monkeypox and other moral and mental degraders left ... It became easier to breathe ... The first sign - the rejection of the Bologna system .. .Maybe they will still arrive / forestry, medicine, science ... /. If there were no happiness - yes, misfortune helps ...
  6. Avedi Offline Avedi
    Avedi (Ankh) 25 May 2022 09: 29
    And what the hell prevented you from selling oil and gas for rubles? A rhetorical question ... I express my deep gratitude to the West for finally taking our "elite" by the gills.
  7. Siegfried Offline Siegfried
    Siegfried (Gennady) 25 May 2022 19: 19
    now in the Donbass in some towns and cities, destruction reaches 90%. As in Mariupol, there is a lot of construction ahead. A large construction site in Russia unfortunately is often a big drink. This can have the same negative consequences as a purely military defeat.

    How quickly and efficiently Russia will rebuild the destroyed will characterize the attitude towards Russia in the east of Ukraine and in the west too. This will be Russia's calling card for many countries and regions, such as Moldova, Georgia, Armenia ... all the countries of the former USSR. The desire to be a part of Russia or something bigger can arise from just such specific examples as the living conditions for "new" territories.

    Perhaps it would make sense to use Turkish construction companies to restore Donbass. Thus, you can spend the currency that cannot be used under the sanctions. Turkey will be rewarded for its "independent" stance. Attracting additional construction potentials (in addition to Russian ones) will speed up the construction itself.