01:06 GMT28 July 2021
Listen Live
    Get short URL
    The EU Sanctions Spiral: Who Spins It and Who is Paying the Bill (24)

    The president of Bulgaria said he feared that while Washington could mend its ties with Moscow, Brussels risked remaining hostage to the sanction war.

    MOSCOW (Sputnik) — Bulgarian President Rumen Radev on Monday expressed concern over the European Union's drive to keep waging a "sanctions war" against Russia.

    "As for the sanctions [against Russia], I do not see what is the practical use of them, as the losses are obvious. I fear that the new US administration will restore the dialogue with Russia and the EU will remain hostage to the sanction war," Radev said in an interview with the EurActiv media website.

    Radev, a former Air Force commander and an independent candidate backed by the Socialist Party, won the Bulgarian presidential election on November 13, 2016 with some 60 percent of votes. He was sworn in on January 22. The president is currently on a visit to Brussels, during which meetings with all senior EU officials are planned. On Tuesday, Radev will visit the NATO headquarters in the city.

    The president dismissed claims that he was pro-Russian, accusing European media of fomenting political intrigue by assigning simplistic labels to politicians.

    Bulgaria's choice to join the European Union and NATO will not be questioned during his presidency, he stressed, while maintaining that Bulgaria will also seek to pursue its own foreign policy and support a multipolar world.

    "The existence of several geopolitical centers should be another incentive for the EU to seek to preserve its unity, because only a united EU can play on par with other major actors. As far as I’m concerned, I hope to establish pragmatic and mutually beneficial relations with the leaders of the USA, Russia and China," Radev said.

    The European Union and the United States imposed a number of economic and individual sanctions against Russia in 2014 on the pretext of the outbreak of the Ukrainian crisis. The sanctions have been renewed several times despite a number of national and local EU legislatures voicing their opposition.

    The EU Sanctions Spiral: Who Spins It and Who is Paying the Bill (24)


    Presidential Prerogative: Which Anti-Russian Sanctions Can Be Lifted by Trump
    Trump Yet to Make Decision on Whether to Lift Washington's Anti-Russia Sanctions
    Bavarian Prime Minister Calls for Lifting Anti-Russia Sanctions in 2017
    Hollande: Lifting Russian Sanctions Possible After Minsk Accords Implementation
    sanctions, European Union, Rumen Radev, Bulgaria, US, Russia
    Community standardsDiscussion