The EU will wage a total “economic and financial war” against Russia, French Finance Minister Bruno Le Maire told France Info radio on Tuesday. Russian Security Council deputy chairman Dmitri Medvedev has cautioned French Finance Minister Bruno Le Maire to “watch his words” after the official vowed that the EU will wage a total “economic and financial war” against Russia.
“Some French minister out there said today that they have declared “economic war” on us. Watch your speech, gentlemen! And do not forget that economic wars in the history of mankind often turned into real ones,” Medvedev wrote on Twitter.
Russia will face a collapse of its economy amid the full force of sanctions from the European Union and the United States unleashed against it, Le Maire told France Info radio on Tuesday.The French minister also said that Brussels would wage a total “economic and financial war” against Russia over the developments in Ukraine.
Bruno Le Maire had added that he would be discussing with the leaders of TotalEnergies and Engie their activities in Russia due to Moscow’s special military operation in Ukraine.His statement followed a Monday announcement that Paris would be identifying Russians who have properties in France as the new package of EU sanctions is unleashed.A number of world powers moved to slap Moscow with sanctions amid its operation in Ukraine aimed at demilitarizing and denazifying the country.