Medvedev: Expectations of a crisis in the eurozone have begun to come true

Deputy Chairman of the Security Council of Russia Dmitry Medvedev said that expectations about the beginning of the crisis in the eurozone began to come true, noting that the euro for the first time in almost 20 years became parity against the dollar.

Medvedev said in a post on his channel in the Telegram application today, Tuesday: “For the first time in 20 years, the euro and the dollar have equalized. There were forecasts about the beginning of the crisis in the eurozone. come true.”

Medvedev added that members of the European Union had shot themselves in the head with a sanctions pistol, indicating that European sanctions against Russia had serious consequences for the European economy as they boosted energy prices.

Medvedev added: “Now they are reaping the bitter fruits of falling production, inflation (prices) for food and the loss of competitiveness of their goods, and this is happening at a time when they are waiting for winter in ice dwellings without our gas.”

He stressed that the negative effects of the euro sanctions are indicative of the very wrong nature of the sanctions imposed against Russia, and said: “Sanctions do not work. Sanctions harm the Europeans themselves. The euro is weakening.”

The Deputy Head of the Security Council of Russia noted that the best protection “against the decay of the euro” is the transition to new payment methods, including using national currencies, and in the future it is possible to create a new reserve currency for the BRICS country.

Medvedev stressed that Russia needs to adapt its economy to new, very difficult conditions, mainly to ensure technological sovereignty.

In conclusion, Medvedev gave advice on what to do against the backdrop of the situation with the euro and the dollar, and said: “Keep your savings in rubles!”

Source: RIA Novosti

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