The European Union understands that it is impossible to completely refuse Russian gas supplies

Marcel Salikhov, President of the Institute for Energy and Finance, commented on the economic sanctions to the OTR TV channel.

Marcel Robertovich, that's an interesting situation. Joe Biden has previously stated that the West will act as a united front and put sanctions pressure on Russia. But now we see that Canada is imposing its own sanctions, the UK is imposing its own, and the European Union is still arguing about sanctions. There is no single position, it turns out, on sanctions pressure on Russia?

Marcel Salikhov: Of course not, because the countries are different, they have different economic interests, different opportunities, so it goes without saying that the sanctions are different. It is usually quite difficult for the European Union, and it takes time, to come to a decision on any issues, including sanctions. Therefore, now we see that yesterday US President Joe Biden announced new sanctions against primarily Russian banks, Japan announced, Canada announced sanctions, the EU has not yet agreed on its position, but this, apparently, will happen in some near future.