The European Economy is struggling. Are you gloomy . Well, the economy is struggling. Im not gloomy. Ijust propose to look to what we were expecting exactly one year ago. So, beginning of october 2022, we had a double digit inflation. We were expecting recession. And indeed we were also concerned about Energy Supply blackouts because, of course, leaving the russian fossil fuels was not at all an easy story. So if we want to look to the optimistic side of the moon, i think we would say that, yes, we avoided recession. Yes, we have now inflation at 4. 3 , which is very far from the double digit inflation one year ago. And the economy is still growing. But, of course, you are right, the economy is struggling because very low growth. How long with this slow growth. That is the point, isnt it . Low growth is your problem. The imf has reduced Growth Forecasts across the European Union down to less than 1 , 0. 8 for the year. There are some important countries, no more important country than
Vladimir milov in vilnius, lithuania. Welcome to hardtalk. Great to be with you. Thanks for having me. Well, its a pleasure to have you on the show. You know as well as i do that this war has now lasted for more than 18 months. It has turned into an attritional fight, which is proving to be terribly, horribly costly on both sides. Would you accept that that suits Vladimir Putin right now better than ukraine . On one hand, yes, because putin wants western patience and ukrainian patience to be exhausted and he still has a lot of resources to fight a lengthy war. On the other hand, there are a lot of bad news for putin. His army and personnel is becoming exhausted and depleted, too. Resources are also not endless. And here is where the western sanctions are working. So in the longer run, i think the odds are that ukraine is set finally to win this battle. But we need patience and we might see a protracted conflict. And patience is the key word here. Just on the question of the levels of s
Vladimir milov in vilnius, lithuania. Welcome to hardtalk. Great to be with you. Thanks for having me. Well, its a pleasure to have you on the show. You know as well as i do that this war has now lasted for more than 18 months. It has turned into an attritional fight, which is proving to be terribly, horribly costly on both sides. Would you accept that that suits Vladimir Putin right now better than ukraine . On one hand, yes, because putin wants western patience and ukrainian patience to be exhausted and he still has a lot of resources to fight a lengthy war. On the other hand, there are a lot of bad news for putin. His army and personnel is becoming exhausted and depleted, too. Resources are also not endless. And here is where the western sanctions are working. So in the longer run, i think the odds are that ukraine is set finally to win this battle. But we need patience and we might see a protracted conflict. And patience is the key word here. Just on the question of the levels of s
Vladimir milov in vilnius, lithuania. Welcome to hardtalk. Great to be with you. Thanks for having me. Well, its a pleasure to have you on the show. You know as well as i do that this war has now lasted for more than 18 months. It has turned into an attritional fight, which is proving to be terribly, horribly costly on both sides. Would you accept that that suits Vladimir Putin right now better than ukraine . On one hand, yes, because putin wants western patience and ukrainian patience to be exhausted and he still has a lot of resources to fight a lengthy war. On the other hand, there are a lot of bad news for putin. His army and personnel is becoming exhausted and depleted, too. Resources are also not endless. And here is where the western sanctions are working. So in the longer run, i think the odds are that ukraine is set finally to win this battle. But we need patience and we might see a protracted conflict. And patience is the key word here. Just on the question of the levels of s