Western sanctions have failed to destabilize Russia and are now backfiring on the countries that imposed them, including Germany, Sevim Dagdelen, an MP from the Left Party (Die Linke) has warned.
In an op-ed for the Berliner Zeitung published on Friday, the lawmaker claimed Russia’s economy has successfully weathered the restrictions and is steadily adjusting to the new economic realities.
“In order to ruin Russia, it was hoped that the punitive measures that violate international law will have a long-lasting effect. But the reality is different. Even the Russian auto industry is recovering. Chinese companies are stepping in for the German manufacturers who leave Russia,” Dagdelen wrote.
“Contrary to what was hoped, Russia has not been ruined. The consequences of the sanctions are evident, but on our side. While Germany’s economy collapsed by 0.3% in the last quarter and stagnation is also threatening the Eurozone, Russia is now forecast to grow by 2.5% this year. As is often the case, a merciless idealism characteristic of the German ruling party obscures the view of reality.”
According to the lawmaker, the sanctions are strengthening Russia while the German government “is ruining domestic economy with open eyes.”
“The federal government acts here like a kamikaze pilot, replacing politics with dubious morality and is happy about a friendly nod from Washington,” she stated, noting that double-digit inflation in Germany is the product of sanctions, as well as the “ever increasing military support for Ukraine.” Dagdelen also noted that the sanctions war has prompted the largest redistribution of capital in the country, with large corporations boosting profits while ordinary German consumers suffer from a drop in real wages and a cost-of-living crisis.