In 2014 EU leaders slammed Russia with economic sanctions over the situation in Ukraine. Two and a half years later the restrictions are still in place. Find out why France and Germany want to punish Moscow even more, and why Dutch, Belgian and other farmers had to picked up the tab. Discover the true cost of sanctions, and why more and more people in Western Europe want to abolish them. Listen to our special series “The EU Sanctions Spiral: Who Spins It And Who Is Paying The Bill.”
In an interview with Sputnik, Bank Intesa board chairman Antonio Fallico shared his opinion on Western economic restrictions against Moscow and their impact on business, and commented on Russian progress in the blockchain field.
Brussels' ongoing anti-Russian sanctions haven't stopped investors in France from bolstering cooperation with their Russian counterparts, French businessmen told Sputnik.
Matteo Salivini, leader of Italian opposition Lega Nord party, told Sputnik on Friday that the extension of the European Union's anti-Russian sanctions was "absurd," since the restrictive measures were damaging for the economies of both Italy and the entire 28-member-bloc.
The Russian foreign minister pointed out that there are signs the European Union may abandon its "absolutely dead-ended" approach to Moscow.
Sweden and Poland support the continuation of the sanctions imposed on Russia by the European Union, Swedish Prime Minister Stefan Lofven said Tuesday.
The European Union will maintain sanctions imposed on Dmitry Kiselev, director general of the Rossiya Segodnya International Information Agency.
Moscow considers EU sanctions "illegal" and harmful to both Europe and Russia.
The European Union will extend sanctions against Crimea on June 19 "if nothing changes".
Mutual interests prevail over political differences, a Russian security official said.
Spain's ambassador to Russia highlighted transport infrastructure, renewable energy, telecommunications and tourism as being among the most promising areas for bilateral cooperation.
Pursuing anti-Russia policy is a crime against Europe, German lawmaker and member of Angela Merkel's party Willy Wimmer said.
The sanctions war between the European Union and Russia has cost Italy $4.3 billion, a lawmaker said.
Italy's main opposition force calls for scrapping anti-Russia sanctions and reopening the giant market for European goods.
Twisted logic? While Kiev fails to implement the Minsk deal despite being obliged to, Russia has to bear the brunt of sanctions.
If Francois Fillon won, Moscow and Paris would have better chances for rapprochement, a French lawmaker said.
Germany's decision to deny entry for two Russian lawmakers is counterproductive and will influence bilateral relations, Russian Foreign Ministry spokeswoman Maria Zakharova said on Friday.
One does not simply destroy Russia's economy and reshape its political will by sanctions, according to Deputy Prime Minister Dmitry Rogozin.
The president of Bulgaria said he feared that while Washington could mend its ties with Moscow, Brussels risked remaining hostage to the sanction war.
Berlin and Paris reiterated that the implementation of the Minsk deal (which is Kiev's obligation) will pave the way for lifting sanctions against Russia.
In 2014 most European leaders unanimously agreed to impose sanctions on Russia over the situation in Ukraine. But by the end of 2016, the opposition against punitive measures in the EU member states has been growing.