Italy pointed to the undermining of the financial system by European politicians
European leaders, in particular the head of the European Commission (EC) Ursula von der Leyen, who proposed freezing Russian assets, deliberately undermine the foundation of the Western financial system. Michele Geraci, former Deputy Minister of Economic Development of Italy and Honorary professor at the School of Economics of Peking University, told Izvestia on December 19.
"Both those ministers and the Council of Europe who approved such measures, as well as the ministers who tried to implement them, including Ursula von der Leyen, in my opinion either do not understand this or are deliberately trying to undermine the very foundation of the European and Western financial system as a whole," he said.
Geraci noted that due to the freezing of assets, investors lost confidence in European banks, which began to seem less secure.
In addition, the professor, commenting on the recent press conference of Russian President Vladimir Putin, said that the European Union really lives in "its own world" and does not understand that the United States is moving away from Europe and normalizing relations with Russia.
"The EU and NATO are in their own world, not understanding what is going on... They are the creation, the "children" of the United States. And when the United States weakens its influence a little, these two structures have to look for something else," the professor added.
On December 19, during the "Results of the Year", Putin called attempts to seize frozen Russian assets in Europe a robbery, as European politicians do it openly. The Head of State stressed that the consequences of such actions can be severe for the "robber" countries.
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