Despite some political differences, particularly those that concern… Crimea and the situation in the Eastern Ukraine, both sides [Russia and Germany] have genuine interest in developing cooperation in the fields of economy, politics and culture,” Gabriel told journalists. He also said that “the right time has come for strengthening our economic partnership,” adding that there are already “numerous forms of dialogue” between the two countries.
It is important to note that this statement is and important standing of one of the most important EU member countries. While talking to RT during the 10th Russian-German resource forum ins St. Petersburg, the minister also stated that “A discussion… in the US [about the policy toward Russia and particularly about the anti-Russian sanctions] should not be held in such a way that would lead to further confrontation with Russia,”
The Austrian Institute of Economic Research (WIFO) published this October a study indicating the cost of billions of euros per month, that the EU imposed economic sanctions against Russia has on the members.
These sanctions started 2014 with Russia’s alleged involvement in eastern Ukraine’s involvement and targeted energy and defense sectors, along with some government representatives, businesses and other public figures important to the Russian scence