Economic mistakes are pushing Europe to deepening inequality, a surge of radicalism, and, eventually, a “change of elites,” Russian President Vladimir Putin said on Friday.
Speaking at the plenary session of the St. Petersburg International Economic Forum (SPIEF), the Russian leader argued that all the current talk in the West about the so-called ‘Putin’s inflation’ were designed “for those who cannot read and write.”
The term has been previously used by US President Joe Biden and UK Prime Minister Boris Johnson.
“The European Union has completely lost its political sovereignty, and its bureaucratic elites are dancing to someone else’s tune, accepting whatever they are told from above, causing harm to their own population and their own economy,” Putin said.
In the Russian leader’s opinion, the policy of European authorities will deepen the split in the West not only on economic matters but also on its values system.