Sanctions against Russia cost EU $100 billion: UN
The sanctions imposed by the EU against Russia since 2014 have cost the bloc $100 billion, according to a report by UN Special Rapporteur Idriss Jazairy. The sanctions targeting Russia's financial, energy, and defence sectors, were imposed in response to Russia's annexation of Crimea. Russia has incurred a direct loss of $55 billion so far, Jazairy added.