Macron: the cost of imposing sanctions against Russia is high

French President Emmanuel Macron said at a press conference after the NATO summit in Madrid that the price of sanctions against Russia and all-round support for Ukraine is indeed high.

“Although the sanctions (against Russia) and the comprehensive support that we provide to Ukraine are already very high, this is the price of a war that we did not want, this price must be paid by Europe to restore peace,” the French president said. .

Earlier, the French National Institute of Statistics expected that inflation in France could stabilize at 6.5% – 7% for the year, provided that the price of Brent oil remains at $120 per barrel during 2022.

The European Central Bank expects eurozone annual inflation to reach 6.8% this year, while US data points to an 8.6% increase in the core consumer price index.

Source: RIA Novosti

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