Ruble rate reform: Poland calls for new sanctions on Russia

ruble rate recovered
Poland calls for new sanctions on Russia

Poland’s head of government wants more “real sanctions” against Moscow. As a justification, he refers to the stable course of the Russian currency. At the same time, Morawiecki immediately opposed the first call for a waiver.

Poland is pushing for further tightening of EU sanctions against Russia. According to Prime Minister Mateusz Morawiecki, the punitive measures taken so far are not enough. In a meeting with the President of the European Parliament, Roberta Metsola, at a Polish reception center for refugees, the national-conservative politician reported that the Russian ruble had returned to the level it was before the attack on Ukraine.

“This means that all economic measures – micro and macroeconomic, financial, budgetary and monetary – have not worked as some politicians would have liked,” Moraviki said. In some EU countries, under pressure from the economy, there is talk of normalizing relations with Russia. This was vigorously rejected by the Prime Minister of the European Union and a NATO member.

“Unless Ukraine defends its independence and sovereignty, there will be no return to normalcy. Until this happens, Europe will be weak, humiliated, toothless and unable to live up to its fundamental universal values ​​such as liberty and the right to life . to take action,” he said. Hence the need for more “real sanctions”.

Federal Economics Minister Robert Hebek recently announced further sanctions against Russia after a meeting with his French counterpart Bruno Le Maire. He said the last package of sanctions should not have been the last.

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