Crimean Bridge Attack: Kremlin's Silence Fuels Economic Fears

The Crimean Bridge Explosion: Kremlin Silence and Economic Repercussions Moscow, Russia – The recent explosion on the Crimean bridge has sent shockwaves not only through the region but also through the Russian economy. The Kremlin's noticeable lack of official comment on the incident has raised eyebrows and fueled speculation about the extent of the damage and its potential impact. NTV correspondent Rainer Munz, in an on-the-ground report, sheds light on the situation. "The Kremlin has barely commented, if at all," Munz stated, emphasizing the unusual silence from Russian authorities. He explains that this silence is a calculated move to prevent the spread of negative news and maintain a sense of stability. The economic consequences are already becoming apparent, however. Munz points to the extremely high interest rates set by the Central Bank – a staggering 21% – as a clear indicator of economic strain. These rates are making it difficult for businesses to secure loans and for consumers to access credit. "The industry is significantly slowing down," Munz noted, "with fewer loans being granted to both entrepreneurs and consumers." The situation underscores the vulnerability of the Russian economy to geopolitical shocks. The lack of transparency from the Kremlin, coupled with the economic downturn, paints a complex picture of the aftermath of the Crimean bridge explosion. The future will show whether the Central Bank's strategy will be successful in stabilizing the economy or if more severe measures will be needed.