10:48 a.m .: In the event of sanctions against Russia, “Europe is exposed much more than the United States”
Guntram Wolff, director of the Bruegel institute in Brussels, it is “obvious” that Europe has more to lose than its American ally against Russia in the Ukrainian dossier. “Geographical proximity goes hand in hand with close economic and security ties. »
Moscow is the fifth largest export market for the European Union (with 81.5 billion euros from January to November 2021) and the third largest supplier on the continent behind China and the United States (with 142 billion euros). euros of goods over the first 11 months of last year, according to Eurostat).