Russian Information Network
Russian All News Top 10 News News Export Photo magazine All comments
 Russian News Russian News 
Politics
Society
Economics
Accidents
Nature & Health
Hi-Tech
Culture
Sport
Celebrities
World News
 


  Economics 
19 of June, 09:20

The EU lost because of sanctions 100 billion euros
Foreign experts estimate that the damage from EU anti-Russian sanctions amounted to 100 billion euros. According to the monitoring professionals in the coming years, Europe will lose 2 million workers.

Experts from the Austrian Institute for financial research (Wifo) conducted a study on conditional performance penalties, which powers the European Union over a year ago used against Russia. According to the acquired data, Europe is not only not benefited from these measures, but suffered enormous losses.

According to professionals, the expenses of the EU amounted to $ 100 billion. They stressed that in addition to the economic costs of anti-Russian punishment will have other detrimental effects. Namely, the result of the financial measures against Russia the EU in the coming years will be forced to deprive the natives of the 2 million workers places, informs the newspaper Die Welt.

Experts explained this situation to several factors. "The decline in exports, which we anticipated in the fall of last year as the worst-case scenario is the reality," - said the expert. According to him, if the situation does not change radically, in life will come the most pessimistic scenario.

Professionals warned that the continuation of the sanctions for another year will lead to the fact that the decline of the German economy will exceed 1 %. Italy will lose more than 200 thousand workers places and 0.9%, France - almost 150 thousand workers places and 0.5%. Estonia, the most economically dependent on Russia, will lose almost 16%.

But the EU does not want to believe the sad forecasts of the Austrian Institute for financial studies. The Commission does not agree that the costs are so great. EU authorities are convinced that the consequences of sanctions against Moscow are relatively minor and can be overcome.

Remember, the EU and the United States imposed sectoral punishment against the Russian economy at the end of July 2014. 18 June 2015, it became known that the power - States of the European Union decided to extend the package of sanctions against Russia before the end of January 2016, and the restrictive measures for Crimea and Sevastopol for another year. Deputy Prime Minister of Russia Arkady Dvorkovich has declared that Russia will extend an embargo on the supply of goods in case of refusal of the EU to abolish the punishment.

sections: Economics, World News

115766
eng
ON THIS THEME:
[View all comments] [Print]
  User Comments 
[Add comment]

There are no comments for this article yet. Be first to post a comment!
[Add comment]
  Headline 
Non-Russians propose to reduce the working day Non-Russians propose to reduce the working day

10 of November, 09:37

The people's Deputy Vasily Vlasov made a proposal that might encourage the refusal of Russian citizens from Smoking.

  Worth to read 
Rosneft disclaims Sibneft holdings


Rosneft disclaims Sibneft holdingsThe president of Rosneft company Sergey Bogdanchikov announced during Friday press-conference that company...
 Price of minimum food assortment in Russia decreased on 3.5%


Price of minimum food assortment in Russia decreased on 3.5%In Moscow and St. Petersburg a minimum assortment of food in September became cheaper on 3.3% - 1580.6...

Gasoline economy: American officials give example


Gasoline economy: American officials give exampleUSA state authorities appeal to save fuel and demonstrate own example.
 Search in YUKOS brought down Russian stock market


Search in YUKOS brought down Russian stock marketIn the beginning of a day quotations of Russian stocks reduced in price but at noon decrease has stopped....

Luzhkov follows Hruchev`s steps


Luzhkov follows Hruchev`s stepsThe seventh Russian agricultural exhibition "Golden autumn" took place on the territory of the Russian...
 Kazan`s millennium cost 250 milliards of rubles


Kazan`s millennium cost 250 milliards of rublesFrom 2001 Kazan spent 250 milliards of rubles on preparation to its millennium, 40% of these money were...

  Economics 
Sort by: date rating
The rules of fishing in Russia will be changedThe rules of fishing in Russia will be changedParcels from AliExpress will come in 10 days.Parcels from AliExpress will come in 10 days.
Chubais warns of coming energy crisis.Chubais warns of coming energy crisis.The Russian economy has moved to the phase for sustainable growthThe Russian economy has moved to the phase for sustainable growth
From Russia expelled labour migrantsFrom Russia expelled labour migrantsRussia will block websites undesirable organizations.Russia will block websites undesirable organizations.
The plane is now possible to take at least 5 kg hand LuggageThe plane is now possible to take at least 5 kg hand LuggageThe benefits of drinking black tea in moderate amountsThe benefits of drinking black tea in moderate amounts
Philippines started to get bought in Russia the weaponPhilippines started to get bought in Russia the weaponThe blockchain begins to use the Federal registration service of RussiaThe blockchain begins to use the Federal registration service of Russia
Tax-free Internet purchases will be only 3000 rublesTax-free Internet purchases will be only 3000 rublesNow in Russia there are banknotes of 200 and 2000 rublesNow in Russia there are banknotes of 200 and 2000 rubles
Russia and China are increasing trade volumesRussia and China are increasing trade volumesWill soon begin the erection of a road bridge from Kerch to Crimea
Salt will soon disappear from shopsSalt will soon disappear from shopsCalled the cost of Russian oilCalled the cost of Russian oil
Crimean bridge began to asphalt.Crimean bridge began to asphalt.VIM airlines discontinues regular flightsVIM airlines discontinues regular flights
Growth in the car market of Russia for 2017 by up to 12%Growth in the car market of Russia for 2017 by up to 12%Roaming charges in Russia will soon be omenedRoaming charges in Russia will soon be omened
 1  2  3  4  5  6  7  8  9  10 >> 109
 Day headline Day headline 
The defense Ministry has accused the Pentagon deception of the world community

15 of December, 09:04

 
 News of the week News of the Week 
  • Ulyukayev was sentenced to eight years in a strict regime colony
  • The defense Ministry has accused the Pentagon deception of the world community
  • "Angarsk maniac" will be judged on 60 new episodes
  • Zvyagintsev's film "Dislike" was included in the shortlist for the award "Oscar"
  • The film Andrei Zvyagintsev's "Dislike" was included in the shortlist for the award "Oscar"
  • A Frank conversation. Key points of Putin's meeting with journalists
  • In the Federation Council called on Russian athletes to carry on the Olympics flags of the regions
  • "Do you want independence?" The key points of Putin's conversation with journalists
  • Anecdote from Putin and the brightest quotes from a press conference
  • The su-34 bombers returned to Khabarovsk Krai from Syria

  •  Photos Photos 
    GaGa: papa made me go la-la-la
    Kate Moss posed naked for her boyfriend
    Spanish rallies turn violent as million people protest in 80 cities
    Spanish rallies turn violent as million people protest in 80 cities
    Water finale for Twilight lovers
    Virtual Visiting Cards
    Tests
    Game Server


     News by regions News by regions 
    Far East region
    Volga region
    North-West region
    Siberian region
    Ural region
    Central region
    Southern region

     Subscribe Subscribe 
    Name  
    E-mail   
    Type HTML TEXT
    All sections
    Politics
    Society
    Economics
    Accidents
    Science & Technics
    Culture
    Sport
    In the World
    Top 10 today
     once per 3 hours
     once per 6 hours
     once per 12 hours
     once per 24 hours


     
     
     
    Politics Society Economics Accidents Nature & Health Hi-Tech Culture Sport Celebrities World News
      Copyright © RIN 2005-2006 * Feedback