After oil and gas: Russia may lose another earnings in Europe

The EU's additional sanctions against Russia should be considered this week. The authorities of Poland, Ireland, Lithuania, Estonia and Latvia propose that the European Union further strengthen economic sanctions against Russia, forbidding the aggressor country to import diamonds. About it reports Reuters. Resistance to Belgium restriction, where the world's largest diamond center operates.

Thus, the Antwerp World Diamond Center believes that sanctions will reduce about 30% of business and will be profitable for competitors. Therefore, they suggest that customers decide or buy them Russian precious stones on their own. The call of five countries and Prime Minister of Belgium Alexander de Croo does not support the call.

According to him, such a ban will be a "great loss" and will cause losses of the industry, which accounts for 5% of Belgium exports and approximately 30,000 jobs in the country. However, the likelihood that exports to the EU of precious stones from the Russian Federation are still high: the source of Reuters, the EU representative and the diplomat who participated in the preparation of new sanctions against Russia is expected that Belgium will veto.

The EU's additional sanctions against Russia should be considered this week. To strengthen the policy on Russia in Europe, they dare to mobilize and carry out pseudo -referendums in Ukraine. Earlier, the EU was proposed to disconnect from SWIFT one of the largest banks of the Russian Federation, with which many European companies cooperate. It is about Gazprombank, through which the EU countries pay for accounts for Russian gas.