Airspace closures, personality and corporate asset freezes, financial or commercial ties questions … Europe and the United States have recently taken the lead to discourage Moscow from pursuing an attack on Ukraine. There is. But in Russia, if you look at the images in the front row of ticket machines on social networks, there will be no panic in the city of Moscow on Tuesday, March 1st. This seems logical as the effects of sanctions have not reached the Russians on the streets. For now, they are realistic and obvious in financial markets. But concerns can be read in many ways. It’s a fear of being sometimes formed in the corner of a boulevard where you’ll come across a rare line in front of an ATM. Sergei came out of a crowded branch of Sberbank, one of Russia’s largest banks. “People are starting to withdraw money because of the political situation in the country. People are afraid.”I will explain about muscovite.
“We have announced sanctions on several banks, including Sberbank. People are afraid that something will happen to their deposits. They prefer to have cash.”Muscovite, Sergei
Banks under sanctions are all said to be close to power, but they are also paying civil servants, including traditionally many voters of Vladimir Putin. Some argue that they are not afraid of anything and are not looking at anything, even if the level of recent withdrawal is important, even if it means they are a bit malicious. “Where? Where did you see the queue? Ask Elena, a 60-year-old woman who left the agency. As always, people still withdrew a lot of money that day. The economic situation is normal. I work in business, everything is fine, nothing has changed. Everything Russia had, she holds. It does not depend on other countries. “
Landscape changes in a very luxurious shopping center in the center of Moscow. Danyil, a young nerd just 20 years old, just bought a phone before the price of tech products soared. Recently, the average iPhone price has risen by more than 25% in Russia. “I’m a video game designer, so I’m very worried.He comments. And if the price of a computer rises, the first result is that few people can buy a computer. Second, you have to pay more for your device, which increases the cost of professionals. ”
If sanctions have little impact on the real economy, the depreciation of the ruble can have some impact on trade. A few days ago it was 90 rubles for 1 euro, but now it is almost 120 rubles. Prices of many imported products will soon rise in Russia. Armenian Armenian based in Moscow bought six jeans in anticipation of a price increase. Half of his savings are in the rubles, so he prefers to use them before they are worth anything.Many Russians know they are entering an era of great uncertainty.. “Like many now, I’m not planningSays 22-year-old musician Arthur. Every day is a series of events and a chain of information. I don’t think even politicians know where we are going or what will happen tomorrow. We live every day. “
Russia is already under sanctions for eight years. Russian officials admitted on Monday that the situation had changed dramatically. Until then, the Kremlin claimed that the country was ready to resist all sanctions.