NATO’s saber-rattling only impairs security of alliance's members — diplomatRussian Politics & Diplomacy May 22, 20:20
Russian sledge hockey team may compete in 2018 Paralympics — IPCSport May 22, 18:53
PM Medvedev says envoy’s murder 'left imprint' on Russian consulate’s work in TurkeyRussian Politics & Diplomacy May 22, 18:40
Peruvian fire-fighting service wants to buy Russian Mi-171 helicoptersBusiness & Economy May 22, 18:00
Putin sets task of accelerating work on super-heavy rocketScience & Space May 22, 17:55
Russian PM comments on decision to remove trade restrictions with TurkeyBusiness & Economy May 22, 17:39
Russia and its EU partners discuss entry point for Turkish Stream’s second lineBusiness & Economy May 22, 17:38
Austrian chancellor to address SPIEF-2017 on June 2Business & Economy May 22, 17:00
Russian air defense weaponry sparks interest at Minsk military showMilitary & Defense May 22, 16:54
MOSCOW, January 13. /TASS/. Russia’s losses due to EU sanctions amounted to €25 bln in 2015, while losses of the European Union stood at €90 bln in 2014-2015, First Deputy Minister of Economic Development Alexey Likhachev said on Wednesday at 2016 Gaidar Forum.
"We estimate losses from imposed sanctions and response measures as €40 bln in 2014 and €50 bln in 2015 for the European Union. We forecast €25 bln euro losses for Russia [due to EU sanctions] in 2015 or somewhat minus 1.5% [from that figure]," the official said.
The adverse effect for Russia will decline, the official added. "The economy is obviously adapting and companies are adapting to such [sanctions] conditions," Likhachev said.