While US / Russia trade grew by 7% in 2014, EU trade with Russia has sunk to record lows, directly affecting the lives and livelihood of many EU citizens who have seen their products cut off from one of the largest European trade markets.
For its part, Greece has had enough…and to be quite honest, Greece simply cannot afford to lose such a large, friendly trade partner at a time when every single cent counts.
Via Sputnik News Agency…
Athens remains committed to its opposition to anti-Russia sanctions, Greek Deputy Defense Minister Costas Isychos told Sputnik on Saturday.
“The Greek government has a standing position that sanctions will not help, they are not a tool to promote dialogue and cooperation between East and West regarding the Ukrainian crisis.”
Athens was estimated to have lost up to $4.5 billion since the spring of 2014, when the European Union along with the United States and their allies began imposing a series of financial restrictions on Moscow.