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EU Finds Its Russia Sanctions Largely Spared Own Economies

  • Restrictive measures have constrained specific sectors
  • EU nations spent €525 billion to mitigate effects of war
Bloomberg business news
Russia Could Still Export Its Oil

The impact of the European Union’s Russia sanctions on its own economy has so far been largely contained to a few specific sectors, according to an assessment prepared by the bloc’s executive arm.

The restrictive measures have caused supply issues in sectors like wood and precious metals, but wider disruptions have mostly been because of global market trends, Russia’s war in Ukraine and Moscow’s own retaliatory steps, according to a person familiar with the analysis.