The Chairman of the State
Duma Vyacheslav Volodin
Vyacheslav Victorovich
The Chairman of the State Duma of the Federal Assembly of the Russian Federation of the eighth convocation. Elected in single mandate constituency № 163 (Saratov constituency - Saratov Oblast)
posted on his Telegram channel expectations of Western
states related to decline in ruble after imposition of anti-Russian sanctions.
According to him, the US President Joe Biden “promised that we would get 200
rubles for 1 USD,” but the current exchange rate is 52 rubles for 1 USD and 55
for 1 euro.
“The ruble is backed by real goods and resources – things you cannot live without in the modern world. Therefore, our national currency is strengthening,” stressed Vyacheslav Volodin.
The situation with euro is different, as mentioned the Chairman of the State Duma.
“The European Union is used to go into debts to live, and the amount of debt of several countries has already reached critical proportions,” he added.
In particular, Vyacheslav Volodin emphasized that the debt of Greece is already 185.4% to GDP, Italy — 150.56% to GDP, Portugal — 121.64% to GDP, Spain — 116.38% to GDP, France — 112, 58% to GDP.
“Earlier, the rich countries of the European Union could provide assistance to the poorer European neighbors. Now they experience problems themselves,” stressed the Chairman of the State Duma.
For example, Germany and other European states, which seven years ago “got Greece out of default”, would unlikely to be able to help now, as emphasized the Chairman of the State Duma, and since then the situation had only worsened.
“The US does not intend to help European countries. The US will benefit from this situation. The euro zone, competing with USD, is weakening,” added Vyacheslav Volodin and emphasized that the US authorities also tried to force Europe to buy more expensive American resources.
“All these problems will get worse. And that could cause a crisis in the European Union, as a result there would be euro decline and, possibly, even a return to national currencies,” concluded the Chairman of the State Duma.
