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Anti-Russian Sanctions Are Killing Businesses in Germany - Lawmaker

© Sputnik / Sergey Guneev / Go to the mediabankFlags of Germany, Russia and the EU
Flags of Germany, Russia and the EU - Sputnik International
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Angela Merkel’s anti-Russian policy has caused 90 bankruptcies in Germany, Franz Wiese, a Brandenburg parliament lawmaker and a member of the Alternative for Germany party, said.

The policy of anti-Russian sanctions is destroying small and medium enterprises in Germany, Franz Wiese, a Brandenburg parliament lawmaker and a member of the Alternative for Germany party, said in an interview.

"Approved by the European Union and conducted by German Chancellor Angela Merkel, the anti-Russian sanctions policy is destroying small and medium businesses in Brandenburg as well as in the rest of the country," Wiese said.

French political analyst Cyrille Bret said the longer sanctions remain in force, the less effective they become, adding that anti-Russian sanctions will soon become completely ineffective. - Sputnik International
Double-Edged Sword: Sanctions Ineffective, Hurt All Parties Involved
Merkel’s anti-Russian policy has caused 90 bankruptcies in the country, he added.

"It is the boycott policy to blame," Wiese concluded.

The EU, alongside the United States and a number of other Western nations, has accused Moscow of interfering with Ukraine's internal affairs and escalating the violence in the country's southeast. Russian authorities have denied involvement in the Ukrainian conflict.

Following the accusations, the West imposed several rounds of sanctions on Russia, targeting several sectors of the Russian economy, including banking, energy and defense, as well as certain individuals. In response, Moscow issued a year-long embargo on food imports from countries that imposed sanctions.

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