Russia has lashed out at the EU for imposing broad sanctions against key sectors of its economy, warning Europeans would pay with higher energy prices.
The angry statement from the foreign ministry reflects Moscow’s frustration over the EU’s decision to close ranks with the US to punish Russia for its role in the Ukraine crisis and raises the spectre of retaliation.
EU members agreed on Tuesday night to bar some Russian state banks from long-term financing in European capital markets, to impose an embargo on trading arms and dual-use technology with Russia and to restrict exports of energy-related equipment and technology to Russia.
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