Russia’s Shumakov center boasts record number of heart transplantations in 2016Society & Culture January 25, 0:48
EU-Moldova association deal may be scrapped if people say so — presidentWorld January 24, 23:10
NATO experts arrive in Moldova to assist in developing military strategyWorld January 24, 21:13
FIA F1 top management reshuffle unlikely to affect Russia’s Sochi GP — expertSport January 24, 20:42
Russia hopes for constructive work with Trump's administration at G20Business & Economy January 24, 20:29
Everything you need to know about Oscars 2017 nominationsSociety & Culture January 24, 19:57
Konchalovsky glad his film Paradise is absent from list of Oscar nomineesSociety & Culture January 24, 18:55
Russian meteorology service reports 2016 is record warm year in ArcticBusiness & Economy January 24, 18:22
Russian chief negotiator comments on outcome of Syria peace talks in AstanaRussian Politics & Diplomacy January 24, 18:11
“No one ever underestimated damages caused by the sanctions,” Medvedev said in an interview with leading Russian television channels. “Their cost for the economy totals billions of dollars.”
“Our economy probably lost tens of billion dollars,” Medvedev said. “The European economy, according to experts, fell short of €40 billion this year and is likely to fall short of €50 billion next year.”“Therefore, sanctions are not beneficial for anyone, they are not necessary and will lead to nothing,” the Russian premier added.
Medvedev also pointed to some positive effects of the sanctions saying the sanctions gave a possibility to begin import substitution and create qualitative production. The prime minister added that Russia will fully give up unnecessary import in the mid-term.