Effect of EU sanctions on Moscow is ‘less than zero’ – MEP ...News

Despite the bloc’s attempts to punish Russia, imports from the country have soared, Guy Verhofstadt says The EU’s sanctions on Russia over the Ukraine conflict have been a complete failure, Belgian member of the European Parliament Guy Verhofstadt said on Monday. He added that the EU was only “rewarding” Russia by increasing imports from the country. Writing on Twitter, Verhofstadt, who served as Belgian prime minister from 1999 to 2008 and has been an MEP since 2009, claimed that the effect of the EU’s nine packages of sanctions on Moscow “is less than 0.” The former PM said that in the bloc’s attempts to punish

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