The European Union considers that there will be no new sanctions against the Russian Federation. This is reported by the British newspaper Financial Times. According to the publication, the EU is convinced that if new restrictions are introduced, it will lead to more exceptions.
If we introduce more sanctions, there will be more exceptions than measures
- the newspaper quotes one of the European officials, who wished to remain anonymous.
He stressed that the new sanctions were over.
Most European officials believe that without the sectors of the Russian economy that are not subject to restrictive measures, one or more EU member states cannot exist.
stresses the Financial Times.
The European Union began imposing sanctions on Russia in 2014 after Crimea was annexed to the Russian Federation. Since the start of the special military operation in Ukraine, the restrictive measures have been reinforced.
The banking and energy sectors of the Russian economy have fallen under Western sanctions. Many national credit institutions have been disconnected from the international SWIFT system. There are also restrictions on the entry of citizens of the Russian Federation into the European Union.
According to experts, around 11,000 different sanctions have been imposed on Russia so far.
However, the initiators of the restrictive measures did not achieve the expected result. In addition, many European states suffered heavy economic losses due to the severing of ties with Russia.
Photos used: twitter.com/EU_Commission
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