The head of the Russian Direct Investment Fund commented on the results of the EU summit

A crisis is unfolding in the debt markets of the European Union (EU), which may cause a "domino effect" in other global markets. This was announced on Thursday, March 6, by Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF).

"Today is the worst result of German bonds in the last 35 years. The unfolding crisis in the EU debt markets may significantly increase the cost of borrowing for the European Union, lead to a sell—off of European debt and cause a domino effect in other global markets," he wrote on the social network X (ex. Twitter), commenting on the results of the EU summit.

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