Showing posts with label Terms of Sanctions. Show all posts
Showing posts with label Terms of Sanctions. Show all posts

Monday, October 6, 2014

Europe Acts as Vassal State of Washington in Terms of Sanctions: Former US Official



Many questions have arisen questioning Europe's ability to act independently after US Vice President Joe Biden recently announced that the US had forced EU countries to impose economic sanctions against Russia despite the fact that many of them were opposed to such measures.

The sanctions have more negatively impacted the EU economy, rather than Russia’s, as Russia has other alternative trade partners in the East and in the South American region, said Paul Craig Roberts, former Assistant Secretary of the Treasury in the Reagan Administration, in an interview to Radio VR. He added that the sanctions could have positive effect on Russia’s economic development as they would make “the [Russian] Government realize that the dependency on Washington and the dependency on Europe is a strategic error of the highest magnitude.”
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