European, UK economies are explosive financial cocktail — Dmitriev
Russian Politics & Diplomacy
September 24, 17:19
The RDIF chief noted that his statement on debt and debt cost growth risks came as "a finance lesson for warmongering EU bureaucrats"
MOSCOW, September 24. /TASS/. The concurrent rise of the debt amount and the cost of its servicing in the United Kingdom and Europe is an "explosive financial cocktail," special envoy of the Russian President and chief executive of the Russian Direct Investment Fund Kirill Dmitriev said.
"OECD government debt is twice its pre-2008 crisis share of GDP. German 10-year yields hit a 15-year high; French 30-year yields, a 23-year high. When both debt and its cost increase - that’s an explosive financial cocktail," he said on X.
Dmitriev added that his statement on debt and debt cost growth risks comes as "a finance lesson for warmongering EU bureaucrats."