German intelligence believes that sanctions against Russia are unpromising
German edition Bild am Sonntag, referring to sources in the BND, reports that, according to the data of the Federal Intelligence Agency of Germany, economic sanctions against Russia are unpromising. The reason for this assessment is that the BND has calculated the volume of Russian foreign exchange reserves. According to experts from the BND, such reserves of Russia are approximately 0,62 trillion. dollars is 162% of RF government spending in 2014. In this regard, the BND states that even if Russia will be completely limited by sanctions and will not be able to produce and sell, even in such a situation, the country will be able to live for 20 months. Considering that in Russia the level of public debt does not exceed 13%, the Russian economy is not afraid of default in the coming 4 of the year, even under the most negative scenarios. This is the conclusion of the BND expert group.
By the way, the Central Bank of the Russian Federation estimates the country's foreign exchange reserves at the level of 0,47 trillion. dollars. It turns out that either BND were deducted from $ 150 billion, or the Central Bank of the Russian Federation does not disclose all the cards.
If Europeans pay attention to the BND’s economic “sanctions” report, this may influence their decision to lift or extend economic sanctions against Russia.
Recall that on the eve of the service BND published another (non-economic) report. It says that the Malaysian Boeing-777 was shot down not by Ukraine or Russia, but by “pro-Russian separatists,” who allegedly captured the Buk anti-aircraft missile system from the Ukrainian troops.
As you can see, BND has recently become quite active. What is it for?..
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