"Kommersant": The EU avoided recession and will now intensify attempts to economically contain Russia and China

Writes about it "Kommersant".

The article says that the EC has raised the forecasts of the EU economy for the coming years. So the recession did not happen, and by next year "growth will accelerate to a potential 1.7%."

It is noted that the EU authorities are going to focus on the sustainability of this growth.

This concerns the energy transition to reduce energy dependence on fossil fuels, revising the terms of trade with China and tightening control over the implementation of anti-Russian sanctions that have already been imposed.

On March 10, economist Patricia Adams and columnist Laurence Solomon said in an article for The Epoch Times that the Western sanctions imposed against Russia not only failed to destroy the country's economy, but also had the opposite effect, harming more Western countries.

On March 17, the head of the Central Bank of Russia, Elvira Nabiullina, said that the current situation in Western financial markets is fraught with the risks of a recession in the global economy.