Headquarters of the European Union in Brussels. File photoBRUSSELS, May 20The EU continues to work on a sixth round of sanctions against Russia, European Commission spokesman Eric Mamer said at a briefing in Brussels. .
Sanctions against Russia are destroying the world economy, Reshetnikov said EU diplomat Josep Borrell, following a meeting of EU foreign ministers last Monday, stated that the ministers could not agree on anti-Russian sanctions, including a phased embargo on Russian oil, and work on them will be submitted for discussion to permanent representatives. The approval of the package is blocked by Hungary, which opposes the refusal of Russia's oil, fearing a negative impact on its own economy. Russian President Vladimir Putin said that the policy of containing and weakening Russia is a long-term strategy for the West, and sanctions have dealt a serious blow to the entire world economy. According to him, the main goal of the West is to worsen the lives of millions of people. He added that current events draw a line under the global dominance of the West in both politics and economics. According to him, Russia is not going to isolate itself, it cannot be strictly isolated in the modern world. The rejection of Russian oil and gas will entail enormous consequences for the European and world economies, said Dmitry Birichevsky, director of the department for economic cooperation at the Russian Foreign Ministry. According to him, Europe is very dependent on Russian gas and oil. Even if it moves to total savings, finds suppliers in other regions of the world and switches to renewable energy sources, «in the most ideal scenario» it will be able to replace only 80% of energy resources, he said. Experts are sure that the increase in energy prices in March to record levels caused by sanctions against Russia is not the limit, Deputy Prime Minister Alexander Novak said. : Europe insists on buying gas from Russia in circumvention of sanctions
