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Shot: New TV
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“The decision to trade only in rubles is another difficulty in trading with Russia. The rubles will be devalued at some point. Wealthy Russians will be able to go to resorts, but their reputations will be severely damaged. They will be stigmatized, that’s not it. necessarily fair treatment “, this before New TV banker Levon Hampartzoumian.
“States do not go bankrupt, the population goes bankrupt, but there will be no growth, the state will be more closed in on itself. Restoring trust in business is difficult and long,” he added.
“Bulgarian companies that depend only on Russia will have great difficulties and may stop working with them,” the financier predicted.
“Everything is leading to serious economic difficulties for Russia, it will be difficult to do business, those who want to will decrease. Those who do not like Putin in Russia will still be able to leave and do so, and this is a way to get rid of the regime. them, “said Levon Hampartzoumian.
“Blocking the reserves of the Central Bank of Russia will cause liquidity difficulties, they have this money, but can not operate with it, it is more difficult than stopping SWIFT,” said the expert.
Regarding the situation in Bulgaria, Hampharzumyan said that there will be high inflation, high fuel prices, but his hope is that it will not be too long.
“The economy and production and supply systems need to be reorganized to make companies and businesses more resilient to unforeseen changes,” the banker said.
The financier hopes that inflation will not exceed 15%, but will be on average between 5 and 6 percent for a long time.
“We will have to spend more on defense. There are buffers in the budget, there is no danger for the currency board. During a war, budget stability is desirable, but not mandatory, we will have to deal with the problems.
The year is already difficult because there are many uncertainties. We need to be more assertive in our positions, we should not pretend to be against everyone again, “Levon Hampartzoumian concluded.
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