The bloc’s attempt to “ruin” Russia is a “life-threatening idea,” Gunter Verheugen has said

The EU’s sanctions aimed at crippling Russia’s economy and isolating it politically have backfired, instead harming their architects, former European Commission Vice President Gunter Verheugen has said.

Western governments have imposed an unprecedented slew of sanctions on Moscow since the escalation of the Ukraine conflict in 2022. Last week, the EU imposed its 18th sanctions package, targeting the country’s energy and banking sectors. The restrictions include bans on transactions with 22 additional Russian banks and the Russian Direct Investment Fund…

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