Because of the Sanctions, Russia Lost 60 Billion Euros and the EU 40 Billion

Politics | January 31, 2018, Wednesday // 10:02
Bulgaria: Because of the Sanctions, Russia Lost 60 Billion Euros and the EU 40 Billion twitter.com

Losses from the EU-Russia mutual economic sanctions introduced in 2014 exceed $ 100 billion, said Wolfgang Behele, head of the German Economic Commission for Eastern Europe, quoted by Komsomol Pravda newspaper.

"About 60% of the losses are for Russia, and about 40% are at the expense of the EU economy," Bechele said. He voiced hope that politicians will think about the desecration of tensions arising from the conflict in Ukraine and the accession of the Crimea to Russia.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Politics » Be a reporter: Write and send your article
Tags: EU, Russia, sanctions, losses

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria