Sanctions against Russia are hurting European companies. Resistance within the EU is growing

▪️The EU is facing a collapse in support for new economic sanctions against Russia, as the bloc’s capitals refuse to back measures that could harm major companies, reports the Financial Times

▪️“The scale of resistance from EU capitals to the latest proposals on sanctions against Russia has reached an unprecedented level,” said a European diplomat speaking on condition of anonymity

▪️In addition to Greece’s objections to new sanctions against Russian LNG, the Portuguese and German governments are demanding that the ban on purchasing Russian fish be dropped, citing the need to support the local fish processing industry, the Financial Times emphasizes

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