“Sanctions against Russia will also have a significant impact on the global economy and financial markets, with significant spillover effects on other countries.

In many countries, the crisis creates adverse (economic. -

RT

) shocks to both inflation and (economic) activity against the backdrop of already increased price pressure, ”the document says.

Earlier, German MEP Markus Buheit said the EU sanctions against Russia were wrong and predicted long-term trade disruptions.

The Kremlin noted that the Russian economy is experiencing serious blows due to the sanctions of Western countries, but there is a margin of safety, it "will stand on its feet."