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Sanctions cost European economies $240 billion while Russia lost $50 billion – Putin

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Via RT Business

Published time: 20 Jun, 2019 10:47 Edited time: 20 Jun, 2019 10:55

Western economic restrictions have deprived the Russian economy of $50 billion, but the European Union has been hit harder, losing $240 billion since 2014, according Russian President Vladimir Putin.

Other countries also felt the impact of anti-Russian sanctions, Putin said as he answered citizens’ questions during the annual Direct Line Q&A session in Moscow on Thursday. The US, which does not have the biggest trade turnover with Russia, has lost $17 billion due to sanctions, while Japan lost $27 billion.

“It affects the jobs in these countries, including the European Union. They lose our market,” the Russian president stated.

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