EU sanctions goal is to crush Russian economy

Western penalties will cause “a decade of regression,” the European Commission president tells WEF EU sanctions are aimed at plunging the Russian economy into a recession for years to come and depriving the country of crucial technologies, European Commission President Ursula von der Leyen said in an address to the World Economic Forum (WEF) in Davos on Tuesday. The European bloc has imposed nine rounds of sanctions against Russia since the beginning of the conflict in Ukraine, targeting many sectors of the economy, including energy, high-tech, aviation, banking, mining, automotive and other industries. “We have p

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Last updated : 17 January 2023 clock 06:16 PM

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