According to the expert, the depreciation of the euro is due to the expectations of an energy crisis in Europe.
“There are investors' expectations that the European economy will not be able to survive only on those energy sources that will be supplied only from alternative countries,” Finogenova said.
According to her, the EU economy will have to go through serious tests.
In addition to the energy crisis, the EU is facing refugee problems, in particular from Ukraine, and an increase in social burden, the economist added.
“Due to the increasing pressure on the economies of the countries of the European Union, we can say that the currency of the European Union is weakening,” the specialist explained.
She also noted that the strengthening of the ruble is currently facilitated by the fact that calculations for energy carriers are made in the national currency of Russia.
“The demand for the ruble is growing, while the euro is falling,” concluded the interlocutor of RT.
Earlier it was reported that, according to the Moscow Exchange, the euro exchange rate during trading fell to 57 rubles for the first time since May 2015.