Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

EU Eyes Further Sanctions against Russia That Will Not Affect Energy Sector


Sat 02 Apr 2022 | 04:50 PM
H-Tayea

 On Saturday, the EU's Economic Commissioner Paolo Gentiloni said that they are working on further sanctions on Russia but any additional measures will not affect the energy sector.

The 27-nation bloc will be faced with a growth slowdown caused by the war in Ukraine but not a recession, he added, saying the 4% growth forecast was too optimistic and the EU would not reach it.