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Merkel urged business to endure sanctions against Russia

Merkel urged business to endure sanctions against Russia

German Chancellor Angela Merkel acknowledged the harm of anti-Russian sanctions for the country’s economy and urged the business to patience.

Меркель призвала бизнес перетерпеть санкции против РФ

German Chancellor Angela Merkel urged German business to patience in the matter of anti-Russian sanctions, despite their harm to the economy.

As writes Deutsche Welle, the statement was made at the annual reception of the economic Council of the CDU in Stralsund.

“Merkel acknowledged that sanctions were to some extent applied a strong blow on businesses, but they can be cancelled only after the full implementation of the Minsk agreements”, — writes the edition.

In 2014, a number of States, including the US and EU countries imposed sanctions against some Russian companies and individuals. the Occasion was the situation in Ukraine and the annexation of Crimea to the Russian Federation.

Moscow in the answer has created a black list, which included foreign officials, and imposed a food embargo against European countries, USA, Australia and Canada.

In March 2015, the USA took the decision to extend sanctions against Moscow, June 23, a similar decision was adopted by the EU. Russia also extended the retaliatory sanctions — it must end on 6 August 2016.

Last week visited Moscow Prime Minister Viktor Orban said about the time after automatic renewal of sanctions against Russia. According to him, an increasing number of States are in favour of cooperation with Russia.

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