https://sputnikglobe.com/20230215/eus-borrell-admits-expected-collapse-of-russian-economy-never-occurred-1107457173.html
EU’s Borrell Admits Expected Collapse of Russian Economy Never Occurred
EU’s Borrell Admits Expected Collapse of Russian Economy Never Occurred
Sputnik International
EU foreign policy chief Josep Borrell admitted on Wednesday that the collapse of the Russian economy from the impact of European sanctions did not happen as initially predicted in the European Union
2023-02-15T10:04+0000
2023-02-15T10:04+0000
2023-04-12T17:05+0000
economy
russia
economy
sanctions
european union (eu)
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"It is true that the Russian economy has not collapsed and that the GDP is not what has been forecast, and it is true that last year it got extraordinarily high revenues that came from oil and gas," Borrell said during a speech at the European Parliament plenary session. Western countries have been seeking ways to limit Russia's income from oil and gas exports, as well as their dependence on Russian fuel since the country launched a military operation in Ukraine on February 24, 2022.
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collapse of the russian economy, josep borrell, european sanctions
collapse of the russian economy, josep borrell, european sanctions
EU’s Borrell Admits Expected Collapse of Russian Economy Never Occurred
10:04 GMT 15.02.2023 (Updated: 17:05 GMT 12.04.2023) MOSCOW (Sputnik) - EU foreign policy chief Josep Borrell admitted on Wednesday that the collapse of the Russian economy from the impact of European sanctions did not happen as initially predicted in the European Union.
"It is true that the Russian economy has not collapsed and that the GDP is not what has been forecast, and it is true that last year it got extraordinarily high revenues that came from oil and gas," Borrell said during a speech at the European Parliament plenary session.
Western countries have been seeking ways to limit Russia's income from
oil and gas exports, as well as their dependence on Russian fuel since the country launched a military operation in Ukraine on February 24, 2022.
