Europe Achieves Not Anything But A Brand New Fingers Race With In Addition Sanctions In Opposition To Russia, Says Vtb Bank Ceo

The European Union has achieved nothing with sanctions against Russia and any extension to such measures from the bloc’s foreign ministers could lead to a new arms race, according to the chief executive of Russia’s VTB Bank.
Diplomats said they expected the bloc to do the same for its trade sanctions against Russia in due course.
On Monday, European foreign ministers announced they would prolong economic sanctions on the Black Sea peninsula, extending efforts to punish Moscow for its 2014 annexation of Crimea.
“EU sanctions have been extended and are now set to remain in place against Crimea until June 23 2018 at the earliest.
At a meeting in Luxembourg, the Council of the European Union said, “The EU continues to condemn the illegal annexation of Crimea and Sevastopol by the Russian Federation.

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