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ECONOMY
- Russia
The economist said that the black currency market in Russia will inevitably appear-NEWS.RU

(Read full article on news.ru)

The emergence of a black currency market in Russia is inevitable due to restrictions on monetary transactions, economist Vladimir Kosoy told Lenta.ru. At the same time, the situation with bans will drag on, because sanctions are much more difficult to remove than to introduce, he said.

This (the emergence of the black market. – NEWS.ru) cannot be stopped. I am not ready to predict at what pace this whole story will develop, but I do not think that anything will change by the fall, when we were promised a weakening of the restrictive measures. It is necessary to understand how sanctions work: they are easy to introduce, but difficult to remove. So this story will take more than one year , – said Kosoy.

In his opinion, the state will face “legal nihilism”. 

Mar 16, 2022

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