In Germany announced the extent of the damage from sanctions against Russia

Mutual losses from the EU sanctions against Russia, surpassed in 2014 to 100 billion euros, said the head of the Eastern Committee of German economy Wolfgang Buchele, referring to the results of the analysis of the Kiel University, reports the portal finanzen.


According to him, approximately 60% of the loss falls to the share of Russia and 40% in the European Union. This is a very high fee for a showdown, said Buchele.

In his opinion, the American side does not intend in the near future to talk about the new restrictions against Russia, he said.

“It gives hope that the EU and the US agree on the issue of sanctions, and that the solution to the current situation can be found through diplomacy,” – said Buchele.

As reported in the media, January 30 the heads of the five Federal States of Germany, formerly part of the GDR, opposed sanctions against the Russian Federation.

On the same day in the Belgian Parliament introduced a resolution to abolish ogranicheni on ties with Russia in the economic sphere.

We will remind that the countries of the European Union, the United States and other countries have imposed sanctions against Russia in 2014 and linking them with the annexation of the Crimean Peninsula, and then with the armed conflict in Eastern Ukraine. In response, Moscow banned the import of food products from most of the States have approved sanctions against Russia.

The Eastern Committee of German economy is a collective body of a number of key associations business Association in Germany, being a mediator between economic and political sector in Germany and Eastern Europe.

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