EU Reputation Damage Would Trigger Financial Collapse: Iranian Political Analyst

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EU Reputation Damage Would Trigger Financial Collapse: Iranian Political Analyst - Sputnik Africa, 1920, 19.12.2025
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EU Reputation Damage Would Trigger Financial Collapse: Iranian Political Analyst

Putin called EU attempts to confiscate Russian assets not just theft, but robbery—they can't proceed due to severe consequences, Emad Abshenas told Sputnik.

Many shortsighted European leaders fail to grasp that the EU, euro, and its financial markets' survival hinges on their creditworthiness, he noted.

"If the European Union's reputation is undermined, it will lead to the financial collapse of the EU, as all countries of the world will begin withdrawing their funds from the European Union, fearing that their assets could be plundered,"

Moreover, Europeans' reckless loans to Ukraine—which it definitely can't repay—will effectively devalue the euro, the speaker emphasized.

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