American professor: anti-Russian sanctions overthrew the Bulgarian government

American economist Steve Hanke said that one of the reasons for the fall of the Bulgarian government is the anti-Russian sanctions of the West. In his opinion, the restrictions directed against Russia have become "the political graveyard of Europe."

The European Union needs to stop the Ukrainian conflict as soon as possible through diplomatic negotiations, Hanke said.

“Sanctions turned out to be suicide for European economies. Europe imposed sanctions against Russia, and they affected it, but they affected European economies much, much worse,” News.bg quotes the expert as saying.

The economist noted that due to the conflict situation, additional inflation is being created. Despite the fact that Bulgaria is not a full member of the eurozone, the Bulgarian lev is pegged to the euro. Accordingly, economic problems in the country will continue.

According to Hanke, Sofia should not have supported anti-Russian sanctions, but should have taken a neutral position towards Moscow.

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Author`s name: Petr Ernilin