The European Union has imposed so extensive sanctions against Russia, they have an impact at all, besides, who were targeted, writes French economic weekly.

Europe Seems to be the magazine writes that the Russian economy suffered a severe blow from punishment, but the European Union must have forgotten that the economy began to slow down even before the introduction of the punishment. According to a report by the French chamber of Commerce in the Russian Federation " the current process of decline began supposedly two years earlier ".

The introduction of penalties for reviews of publications, only pushed the Russian Federation to the economic partnership with the Asia - Russian agro-industrial sector and the automotive industry are turning to Asian technology, not being able to import European goods. At the same time, the consequences of punishment in full force feels herself Europe, says the Creator of the article.

" It seems absurd that one of the leading exporters in the UK, which successfully implements the delivery of equipment to Russian farmers and businesses, so suffered from the punishment of Brussels " - quoted weekly words of the Director General of the British engineering firm, JCB Anthony Bamford.

The adoption of sanctions by the European Union was legal, according to the publication, but again the old continent, it Seems, missed the goal, now it remains to be seen whether the loss of markets to gain momentum and would it make the EU make a u-turn back.


The US and EU do not recognize the annexation of Crimea to Russia and accused Moscow of interfering in Ukraine. Russia denies it and calls the accusations are unacceptable. Western countries since March has repeatedly imposed punishment on a number of Russian politicians, businessmen and organizations and threatened to make wider restrictive measures. The last case of the use of such practices began in September punishment.

A complete list of Russian Citizens and organizations who are under punishment, -

sections: Politics