DailyEconomic – Although the Russian economy continues to grow under the world’s largest sanctions, with the European Union alone imposing 13 rounds of sanctions on Russia, Ukrainian economists say that in fact, it is not that optimistic, and the Russian economy is currently walking on thin ice.
Ukrainian economists say that war spending may provide a short-term “excitement” to ease the pain of Western economic sanctions. Although Russia’s economic growth rate exceeds the global average, it will then usher in a serious inflationary effect.