Russia threatens Europe with higher energy prices / Putin calls for retaliatory sanctions with EU airlines potential targets

Author (Person)
Series Title
Series Details 31.07.14
Publication Date 31/07/2014
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EUObserver reported that Russia reacted angrily to the economic sanctions adopted on the 29 July 2014 by the EU threatening to increase energy prices.

Russia stated that the economies of Russia and the EU were interlinked and that the 'stage three sanctions would affect the economic situation in the EU 'not less than in Russia'.

Russia imposed an import ban on Polish fruit and vegetables on the 30 July 2014, citing reasons relating to sanitary matters. Commentators called on the West to toughen its its stance against Russia and believed it would maintain the upper hand in the event of a trade war.

EurActiv and other news sources reported on the 4 August 2014 that Dobrolyot (Good Flight), a low-cost airline operated by Russian national carrier Aeroflot had suspended all flights after its plane lease agreement for Boeing planes was cancelled due to the sanctions imposed by the EU and the US. The Russian tour firm Labirint also suspended operations. stranding some Russian tourists on holiday outside Russia.

Source Link http://euobserver.com/foreign/125158
Related Links
ESO: Background information: EU to impose economic sanctions on Russia / EU restrictive measures in view of the situation in Eastern Ukraine and the illegal annexation of Crimea http://www.europeansources.info/record/eu-to-impose-economic-sanctions-on-russia-eu-restrictive-measures-in-view-of-the-situation-in-eastern-ukraine-and-the-illegal-annexation-of-crimea/
Sputnik International: Tag: Western Sanctions Against Russia http://sputniknews.com/trend/western_sanctions_against_russia_2014/
Polski Radio, 30.07.14: Russia hits back with Polish fruit and veg ban http://www.thenews.pl/1/12/Artykul/177586,Russia-hits-back-with-Polish-fruit-and-veg-ban
Euro|Topics, 31.07.14: Russia answers sanctions http://www.eurotopics.net/en/home/presseschau/archiv/archiv_dossier/DOSSIER147828-Russia-answers-sanctions
EurAktiv, 31.07.14: EU names Russian banks banned from raising capital http://www.euractiv.com/sections/europes-east/eu-names-russian-banks-banned-raising-capital-303844
EUObserver, 31.07.14: EU hits Russia's largest banks, imposes arms embargo http://euobserver.com/foreign/125168
BBC News, 01.08.14: Russia bans Polish fruit and veg amid sanctions war http://www.bbc.co.uk/news/world-europe-28603140
France24, 02.08.14: Poland protests Russian import ban with 'apple selfies' http://www.france24.com/en/20140802-poland-online-apple-selfies-protest-russian-imports-ban/
EurActiv, 04.08.14: Low-cost Russian airline suspends flights due to EU sanctions http://www.euractiv.com/sections/transport/low-cost-russian-airline-suspends-flights-due-eu-sanctions-307758
Wall Street Journal: Europe, 31.07.14: In Confronting Russia, Europe Tests Its Union http://online.wsj.com/articles/in-confronting-russia-europe-tests-its-union-1406843642
RIA Novosti, 04.08.14: Sanctions Applied by West Will Fail to Achieve Goals – Russian Foreign Ministry http://en.ria.ru/world/20140804/191708921/Sanctions-Applied-by-West-Will-Fail-to-Achieve-Goals.html
Deutsche Welle, 05.08.14: Russia retaliates against EU sanctions http://dw.de/p/1CpKq
Deutsche Welle, 05.08.14: EU Sanctions - The Impact on Europe’s economy http://dw.de/p/1CpKC
EurActiv, 06.08.14: Moscow considers forcing European airlines to fly around Russia http://www.euractiv.com/sections/transport/moscow-considers-forcing-european-airlines-fly-around-russia-307767
Euro|Topics: Who's saying what: EU sanctions against Russia http://www.eurotopics.net/en/home/debatten/links-2014-08-sanktionengegenrussland/
EurActiv, 06.08.14: Finland warns Russia sanctions could spell ‘economic crisis’ http://www.euractiv.com/sections/europes-east/finland-warns-russia-sanctions-could-spell-economic-crisis-307769
Open Europe: Flash Analysis, 01.08.14: What will the impact of stage three sanctions be and how might Russia retaliate? http://www.openeurope.org.uk/Article/Page/en/LIVE?id=20441&page=FlashAnalysis
EUObserver, 06.08.14: Russia in sanction threat against EU http://euobserver.com/foreign/125193
Euronews, 06.08.14: Putin calls for retaliatory sanctions with EU airlines potential targets http://www.euronews.com/2014/08/06/putin-calls-for-retaliatory-sanctions-with-eu-airlines-potential-targets/

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