Sanctions on Russia damaging EU economy
Jerome Hughes
Press TV, Brussels
As the cost of living in the EU goes through the roof, union members held a demonstration outside a meeting of EU finance ministers in Brussels on Tuesday. They want the bloc's leaders to provide more support for EU citizens who are being hit hard by the financial ramifications resulting from the conflict in Ukraine.
Finance ministers have signed off on the 4th package of sanctions against Russia. 600 individuals have been targeted and Russian exports too. However, there is a very negative boomerang effect for the EU itself.
Russia, which is now the most sanctioned country in the world, has been removed from the so-called Most-Favoured-Nation clause relating to the World Trade Organization.
Finance ministers say €200bn worth of loans are available to EU nations most impacted by the Ukrainian refugee crisis.
Critics say, if Western leaders had shown more skill and compromise, when listening to Russia's security concerns, the misery now being piled on Ukrainian citizens and the financial hardship being placed on EU citizens could have been avoided.
Pakistan backs Iran’s retaliatory attack on Israel
Afghanistan says supports Iran’s retaliatory strikes on Israel
Pakistanis celebrate Iran's retaliatory strikes on Israel, voice solidarity with Gaza
Putin: Iran’s retaliatory attack on Israel best way to punish aggressor
Erdogan: Israel to blame for tensions in West Asia
VIDEO | Iran’s ‘True Promise’
Op. True Promise showcased interoperability of Iran’s Army, IRGC: Top general
UN demands end to Israel’s support for settler attacks on Palestinians
Trump returns to court in hush-money trial
VIDEO | Scientists train robot to walk on moon
Israel keeps ‘unlawful’ restrictions on Gaza aid in place, UN warns
This makes it easy to access the Press TV website
