{"id":25804,"date":"2026-01-11T00:40:48","date_gmt":"2026-01-10T21:40:48","guid":{"rendered":"https:\/\/mongolianews.mn\/?p=25804"},"modified":"2026-01-11T00:40:48","modified_gmt":"2026-01-10T21:40:48","slug":"eurostat-reveals-staggering-cost-of-eus-russian-sanctions","status":"publish","type":"post","link":"https:\/\/mongolianews.mn\/?p=25804","title":{"rendered":"Eurostat reveals staggering cost of EU\u2019s Russian sanctions"},"content":{"rendered":"<p>Bloc members have lost approximately 65% of their revenue in exports to Russia since 2022<\/p>\n<p>            EU nations have lost around \u20ac48 billion ($55.9 billion) in exports over the past four years since the imposition of sanctions on Russia, according to Eurostat data.<br \/>\nThe bloc and the wider West imposed an unprecedented wave of sanctions on Moscow following the escalation of the Ukraine conflict in 2022, aiming to collapse the Russian economy \u2013 which instead led to its adaptation and strengthening, according to Russian authorities.<br \/>\nThe EU made \u20ac25 billion ($27 billion) from exports to Russia between January and October of 2025, compared to \u20ac73 billion for the same period in 2021, data from the EU statistics office shows.<br \/>\nThis amounted to approximately a 65% fall in exports.<\/p>\n<p>                      \u00a9\u00a0 Eurostat                                                        <\/p>\n<p>The EU recorded a positive trade balance with Russia for two quarters in a row in late 2025, for the first time since 2002, Eurostat reported in December.<\/p>\n<p>        Read more<\/p>\n<p>            Time for EU to talk to Russia \u2013 Meloni<\/p>\n<p>Despite the bloc\u2019s plans to phase out Russian gas imports by 2027, Russia remained its second-largest supplier of the fuel. Its share of total EU gas purchases hit 15.1%, down from 39% in 2021.<br \/>\nThe bloc\u2019s gradual pivot away from affordable Russian hydrocarbons to more expensive US liquefied natural gas (LNG) has led to soaring energy prices and slowing economic growth.<br \/>\nOn Tuesday, Russian energy giant Gazprom warned that EU nations could face gas shortages amid a sharp decline in storage levels across the bloc\u2019s biggest hubs, like Germany and the Netherlands.<\/p>\n<p>            READ MORE: Gazprom warns of unusually rapid depletion of EU gas storages<\/p>\n<p>The rapid depletion of reserves will lead to a premature productivity loss and \u201cthreatens the reliable supply of gas to consumers during cold weather,\u201d Gazprom said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloc members have lost approximately 65% of their revenue in exports to Russia since 2022 EU nations have lost around \u20ac48 billion ($55.9 billion) in exports over the past four&hellip;<\/p>\n","protected":false},"author":1,"featured_media":25805,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[4,6,3],"tags":[],"class_list":["post-25804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-environment","category-politics"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts\/25804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25804"}],"version-history":[{"count":0,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts\/25804\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/media\/25805"}],"wp:attachment":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}