EU has lost $1.5 trillion over Russia sanctions

The policy has hurt the bloc’s economy, according to the Russian Foreign Ministry EU member states have lost around $1.5 trillion due to the sweeping sanctions introduced against Moscow, Russian Deputy Foreign Minister Aleksandr Grushko said on Friday. The diplomat added that he sees no sign of the bloc reversing its policies toward Moscow in the near future. “The entire losses the EU sustained due to the imposition of sanctions and the decisions to curtail cooperation with Russia have totaled, at a conservative estimate, some $1.5 trillion,” Grushko told journalists on the sidelines of the Eurasian Economic Forum

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Last updated : 03 Nov 2023 clock 01:17 PM

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