EU lost over €100bn because of its own anti-Russia sanctions – Lavrov

The EU is punishing itself for doing Washington’s bidding and sanctioning Russia, Russian Foreign Minister Sergey Lavrov said. However, while the restrictions policy does not harm the US, the EU suffers billions in losses. In an interview with the Spanish newspaper El País, Lavrov lamented the dismal state of EU-Russia relations, describing them as far […]

Even ‘£1bn is a lot’: UK Brexit negotiator rejects €100bn divorce bill

Published time: 21 May, 2017 16:38 The UK Brexit Secretary rejected a €100-billion ($ 112 billion) price tag for leaving the EU ahead of a meeting with the European Commission. As both sides continue to play hardball, the chances for a ‘hard’ Brexit increase. The nine-figure estimate of Britain’s divorce from the EU was voiced […]