Russian Foreign Ministry Reports Economic Damage Caused to Europe Due to Sanctions

The Russian Foreign Ministry has announced that the European economy has suffered a loss of €1.6 trillion due to anti-Russian sanctions imposed between 2022 and 2025.

According to the ministry, estimates by the United Nations indicate that these sanctions pose systemic risks to the entire global economy, leading to energy and food shortages, increased debt burdens, and diminished trust in the financial system.

"Violations against the freedom of navigation, as per the UN Convention on the Law of the Sea of 1982, threaten maritime trade. Attempts to seize sovereign assets held by central banks create risks for all nations with funds under Western jurisdiction," the Russian Foreign Ministry stated in their announcement.