Decaying Russian economy: the Federation is running out of budget money
Published July 22, 2023, 9:40 a.m. by Violet Harris
The European Union is preparing the 10th package of sanctions against Russia. This was announced by the head of the European Commission, Ursula von der Leyen, speaking at the economic forum in Davos. According to her, the European Union imposed the most effective sanctions in history. Also, sancions against the Russian state nuclear energy agency Rosatom could be imposed in the near future. The Russian economy faced decades of regression, and its industry was deprived of any modern critical technologies. More about how Europe is preparing to deal a new blow to the Russian economy – learn in our report.
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