The German Chancellor said that the sanctions will set the Russian economy back decades.
Moscow will not be able to maintain its military potential due to tough Western sanctions imposed in response to Russia’s invasion of Ukraine, German Chancellor Olaf Scholz said on Tuesday.
“We now have extensive sanctions that will set the Russian economy back decades. This means that it will not be able to participate in global economic and technological progress,” Scholz told reporters during a visit to Vilnius.
“According to forecasts, this means that Russia will not even be able to maintain its military potential at the same level,” the German chancellor said, adding that in the past Moscow had abused the import of civilian goods for military purposes.