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Thanktions: EU Shows Lack of Gratitude for Russian Efforts in Syria

© Sputnik / Vladimir Sergeev / Go to the mediabankFlags of Russia, the EU and coat of arms of Nice
Flags of Russia, the EU and coat of arms of Nice - Sputnik International
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The ongoing sanctions against Russia are economically and politically mistaken, and Europe and the US have Russian intervention to thank for the liberation of Syrian territory from Daesh terrorists, said Folker Hollmayer, chief economist at Bremer Landesbank.

Lithuania's Foreign Minister Linas Antanas Linkevicius. - Sputnik International
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Recent inroads made against Daesh terrorists by Syrian government forces with the help of the Russian Air Force are a reason for the US and EU to thank Russia and could provide scope for improved relations, financial analyst Folker Hollmayer told German Economic News (DWE) on Sunday.

"In fact the successes against the Islamic State (Daesh) and the therein incipient stabilization of living conditions in Syria are thanks to Moscow's efforts. This opens up scope for enhanced communication and must be interpreted as a trust-building measure on the part of Moscow," said Hellmeyer.

The financial expert expressed optimism that relations between Russia and the EU, which were tested by the crisis in Ukraine, will improve in 2016 and lead to a lifting of sanctions.

"It (the relationship between Europe and Russia) can be normalized when an equal footing is ensured on both sides. Trust is not a digital phenomenon. It takes time to overcome the resulting loss of confidence."

'Economist​: Successes against ISIS are thanks to Moscow's efforts,' DWN published its interview with Hollmayer.

Hellmeyer said that sanctions against Russia are based in a political desire that reflects the interests of third parties, and in some ways NATO, but are not in the best interests of the EU. He also criticized the EU's decision to offer an association agreement to Ukraine.

Horst Seehofer, the leader of the right wing Bavarian Christian Social Union said that no society could cope with such prolonged increases in migrants influxes, saying Merkel had sent completely the wrong signal to the world. - Sputnik International
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"The adventure of the EU association with Ukraine, which did not and does not begin to meet the standards for association or membership with the EU, is expensive and a failure," he said, citing the higher levels of corruption and lower approval ratings under the current administration, than under the Yanukovych government. 

"I am confident that the first relaxation of the sanctions regime will be from mid-2016. The EU sanctions front has disintegrated before our eyes in the last few months," said the analyst.

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