"The pickup in activity isn't necessarily good news for the European Central Bank. One consequence of sanctions on Russia is an inflation rate that was more than three times the bank's 2% target in March. The stronger the eurozone economy, the longer it is likely to take to bring inflation down.” [1]
This causes a huge crisis in Europe. Lithuania is already in recession. Thank you, people, designing the economic sanctions.
1. World News: Europe's Economy Barely Avoids Recession, Faces Headwinds
Hannon, Paul. Wall Street Journal, Eastern edition; New York, N.Y. [New York, N.Y]. 29 Apr 2023: A.8.
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