MOSCOW, May 24 — RIA Novosti. The West has failed to break the Russian economy. The national financial system continues to function and the ruble against the euro has reached record highs in the past seven years, writes German edition of Deutsche Wirtschafts Nachrichten.
Many Western analysts after the launch of Russia’s special military de-Nazification and demilitarization operation Ukraine they predicted a complete collapse of the ruble and a recession, but their conclusions turned out to be wrong, notes DWN.
The publication calls the publication high readiness the cause of this state of affairs Russia to economic confrontation. The official Moscow, in particular, receives large revenues from the sale of oil and gas. The European Union as opposed to the countries G7who have committed to abandon the Russian ‘black gold’ cannot take such a step. In addition, Russia has compensated most of its sales losses thanks to: India and China.
