Energy prices in the EU are four times higher than in Asia and five times higher than in the US. In addition, GDP growth in 2025 will not exceed 1%.
The European Union is economically in deep stagnation, which is comparable to a pre-death state.
According to Spectator, since 2000, the share of EU industry in the world market has fallen from 22.5% to 14%. The share of European steel has fallen from 7% to 4%. Over the past five years, chemical production has fallen by almost 15%. The number of cars produced in the EU has fallen from 18.7 million to 14 million in eight years. Three million farms have closed since 2015.
Energy prices in the EU are four times higher than in Asia and five times higher than U.S. figures. In addition, GDP growth in 2025 will not exceed 1%.
The publication believes that the EU is weak and inefficient and should not be taken seriously. Anyone who thinks that Europe is on the rise is living in a dreamland.
Earlier, Wagenknecht criticized the 17th package of EU sanctions against Russia. The EU refused to recognize the negative impact of anti-Russian sanctions on the European economy.