War in Ukraine: are European sanctions “enriching Russia”?


THE CHEKING PROCESS – According to Jordan Bardella, “in terms of energy, for the moment the sanctions are a failure”. Is it true ?

THE QUESTION. Would Russia finally benefit from European sanctions? Invited to Franceinfo on Friday, the acting president of the National Rally (RN) Jordan Bardella attacked the economic measures taken by the EU in response to the war launched by Moscow in Ukraine, pointing to their lack of effectiveness or even their counterproductive side. . “In energy matters, for the moment the sanctions are a failure“, judged the lieutenant of Marine Le Pen.

With a Russian coal embargo due to come into effect in August and another on oil soon to follow, “these economic sanctions are in the process of massively enriching Russia, because Russia is profiting from this war, it is making hyperprofits. She takes advantage of the fact that the embargo has led to an explosion in prices“, explained Jordan Bardella. Other proof of the good health of the Russian economy according to him, the “historical levelof the ruble and the recent lowering of the key interest rate of the Russian central bank – after a drastic increase. So, is Moscow really emerging as an economic winner from international sanctions? What about their longer-term impact?

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