EU lost €1 trillion by cutting Russia ties – Moscow

George Mihalcea

The bloc’s economy is weakening due to reduced cooperation with Russia, Deputy Foreign Minister Aleksandr Grushko has said The EU has suffered losses exceeding €1 trillion ($1.15 trillion) since drastically reducing energy and trade cooperation with Moscow over the Ukraine conflict, Russian Deputy Foreign Minister Aleksandr Grushko has said. In an interview with Izvestia on Monday, Grushko said the figure is based on various expert estimates of the economic consequences of the EU’s decision to

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