Putin says EU has lost ‘political sovereignty’

Russian President Vladimir Putin said Friday that the European Union has lost its “political sovereignty”, in a belligerent speech at Russia’s annual economic forum.

Putin criticized the union’s economic policies such as “money printing” to tackle rising inflation.

Putin also attacked the West for blaming it personally for its economic problems and said Russia’s moves in Ukraine, which Moscow calls a “special military operation,” have nothing to do with high inflation in developed countries.