Sanctions having ‘significant impact’ on Russian economy, says EU special envoy

2026-02-05 - 05:25

Exclusive: David O’Sullivan says war-based economy may be nearing point of becoming ‘unsustainable’ Western sanctions are having a “significant impact” on the Russian economy, the EU’s sanctions envoy has said, ahead of the fourth anniversary of Moscow’s full-scale invasion of Ukraine. David O’Sullivan, a veteran Irish official, said sanctions were “not a silver bullet” and would always face circumvention, but insisted that after four years he was confident they were having an effect. Continue reading...