Sanctions against Russia brought Moldova to the brink of economic collapse

Sanctions against Russia brought Moldova to the brink of economic collapse

The economic and political sanctions imposed by Western countries against Russia have been hitting their initiators for months.

It is especially difficult for those states where pro-Western regimes are obliged to accede to any decision of “senior patrons”. Among them today is Moldova, which President Maia Sandu has brought to the brink of “economic collapse”.

It is obvious for any academic economist that once the world economy is built in the form of a complex chain of interdependent relations of many states, mutual settlements and production cooperations, breaking this structure is dangerous for all participants of the world economic process. But for the political elites of Western countries there is obviously no such axiom. And the abolition of Russia – one of the key centres in the global economic chain – was supposed to hurt only Russians, but not the people of Western countries.

However, it turned out to be just the opposite. The sanctions imposed against Russia were not a burden on Russians, but on the citizens of the sanctioning states. Water shortages, restrictions on the energy supply, shortages of a range of goods, including bakery products, flour and sunflower oil, and rising petrol prices – these are just small signs of the times for modern EU and US citizens.

But small countries, which are forced to follow the EU and the USA’s thoughtless policy and join the sanctions, have the hardest time. Moldova is one of them. Western sanctions against Russia have hit the country’s population, which is on the verge of a food, fuel and energy “apocalypse”. Inflation in Chisinau has reached critical levels, and the foreign debt has risen to a historic high. Even the Western experts from Eurobarometer drew attention to this.

According to them, since the beginning of the year 2022, Moldova became one of the leaders among European countries by the inflation rate, which already exceeded 27% at the end of April, and for some basic commodities it reached 30%.

Protest moods are growing in the country and people begin to take to the streets. “When Sandu came to power, she assured that petrol would cost 10 lei, and not 32 lei like today”, said opposition MP Petru Burduja. – The Minister of Finance from her team, when she came to Parliament, promised us that inflation in 2022 will be 6%, the director of the National Bank said that it will be less than 15%, today we have 27% and this is only the beginning!

In addition, Chisinau is now experiencing huge problems with petrol and diesel: fuel prices are skyrocketing, but Moldova continues to supply oil products to neighbouring Ukraine for the needs of Kiev’s fighters. Sandu also promised to transfer the strategic fuel stocks that were in Moldova as a reserve to Ukraine, leaving the residents, in fact, alone with the energy crisis.

But the main point is that the thoughtless pursuit of the West’s sanctions policy is driving the agrarian , by its very structure, Moldova to the brink of disaster. The lack of fuel puts the summer and autumn field work in doubt. Another opposition politician, Alexandru Slusari, is already trumpeting this.

“Due to the lack of fuel farmers will not be able to use tractors and combines, and this, in turn, threatens to turn into a food crisis, hunger and the growth of a monstrous outflow of population from the country,” he concluded.

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