Trade sanctions would hurt Russia more than the West - German minister


  • World
  • Monday, 24 Mar 2014

BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble said on Sunday that the European Union was united in its readiness to impose economic sanctions on Russia if the stand-off over Ukraine escalates, and that Moscow had much more to lose than the West,

"I don't think we are divided. None of us wants to escalate, but if Russia changes things unilaterally, then it must know that we won't accept it and that relations will be bad," Schaeuble told German television in an interview.

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