Bulgarian expert talks about a catastrophe for Americans and Europeans that will benefit Russia

Economist Grigor Saresky said in a television interview that the depreciation of the euro would have a catastrophic effect on the economies of the European Union and the United States and would benefit Russia.

The Bulgarian expert added: “Such a low exchange rate is a disaster for the European and American economies. Of course, there will be a coordinated effort to achieve parity. Nearly half of EU importers make a profit. not in the interests of European producers, because they pay in dollars and export in euros.

According to him, “the current situation in the foreign exchange market is detrimental to European producers, because they buy in dollars, but sell their products and export them in euros.”

The expert believes that the current situation seems to be favorable to Russia: “This year, Bulgaria paid Putin an additional two billion dollars – the euro has fallen in price, and fuel prices are rising. We must get used to the fact that fuel has become cheaper.” have become expensive Sanctions have led to increased funding for the Russian economy.

In the middle of the week, the European currency fell below the value of the US dollar for the first time since 2002.

Source: RIA Novosti

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