Finland reported a deterioration in the country's economy due to the severance of ties with the Russian Federation

Armando Mema, a member of the Finnish Freedom Alliance party, said on February 12 that Finland was facing an economic crisis as a result of anti-Russian policies.

"[Former ECB President] Mario Draghi confirms that the eurozone economy is in bad shape. He calls for "urgent actions" to prevent further deterioration of the economic situation. <...> Severing ties with Russia leads to negative consequences," he said in a statement. Twitter).

The politician stressed that when Finland had profitable trade relations with Russia, it bought energy resources four times cheaper than it does now.

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Sergei Zainullin, an associate professor at the RUDN University Faculty of Economics, said in December last year that the crisis in Finland, provoked by the severance of ties with Russia, could turn into a full-fledged economic disaster. He noted that Finland directs a significant part of its resources not to help businesses and citizens, but to "military adventures": for example, next year Helsinki will allocate €6.3 billion for defense.

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