Danish intelligence: Russia's economy is on brink of major crisis due to war
Photo: Russian dictator Vladimir Putin (Getty Images)
The war against Ukraine is becoming increasingly costly for Russia, as massive defense spending and sanctions create risks for its economy, according to Axios.
According to a report by the Danish Defence Intelligence Service (DDIS), after more than four years of full-scale war against Ukraine, Russia is taking increasingly greater risks and suffering significant losses in exchange for limited territorial gains.
This, in turn, is putting serious pressure on the Russian economy. According to the DDIS assessment, it is approaching a major crisis.
The reasons include Russia's substantial defense spending and the impact of international sanctions. The prolonged war requires increasingly more resources, while the Russian military is suffering significant losses.
According to data cited in the report, Russian military losses have exceeded 1 million since the start of the full-scale invasion. In the summer, according to Danish intelligence, the number of casualties was already exceeding the number of new recruits.
The situation is also affected by Ukrainian strikes on critical infrastructure in Russia. Ukrainian President Volodymyr Zelenskyy has described such attacks as "long-range sanctions," emphasizing their impact on Russia's war economy.
Russia steps up hybrid activity
The DDIS also highlighted Moscow's activities beyond Ukraine. According to the intelligence service, Russia is increasing sabotage activities and cyberattacks against Western countries.
The Danish side expects Russian President Vladimir Putin to continue aggressive actions against neighboring countries and states supporting Ukraine.
At the same time, the DDIS found no indications that Russia is preparing to invade one of the NATO member states.
As a reminder, during his visit to Moscow, CIA Director John Ratcliffe provided the Russian leadership with an assessment of the situation on the front and in Russia's economy.
According to Western media, US intelligence considers the situation on the front to be close to a stalemate, while the Russian economy may not withstand further spending on the war.
