Tag Archives: EU economy

This is the English transcript of an interview of S.Mavroudeas for the spanish site EL CONFIDENCIAL (https://www.elconfidencial.com/). Its subject is the state of the EU and the Greek economy. The Spanish translation will appear on the 25th of August 2023. [embedded content] View this document on Scribd

As for the real damage to the Russian economy recorded since 2014, the State Department officials report “that oil price volatility explains the vast majority of the decline in Russia’s GDP and import demand, with very little left to be explained by sanctions or other factors. Thus either sanctions had only a small negative effect on these variables or other positive factors largely cancelled out the effect of sanctions.” The real losers, they add, of the combination of sanctions and...