Paschal Donohoe: No let up on Russian sanctions even if EU economies suffer

The minister repeated his belief that governments can do little to shield people from rising energy prices
Paschal Donohoe: No let up on Russian sanctions even if EU economies suffer

Damaged vehicles sit among debris in Kharkiv city centre in Ukraine on Wednesday. Minister for Finance, Paschal Donohoe, said if the war in Ukraine goes on for months, the EU will not baulk at sanctions. Photo: AP/Pavel Dorogoy

The EU's willingness to impose sanctions on Russia will not dissipate despite European economies suffering, Finance Minister Paschal Donohoe has said.

Mr Donohoe, who is the President of the Eurogroup of Finance Ministers, said EU growth forecasts will be down because of the damage done to economies in the bloc by imposing sanctions on Russia over its invasion of Ukraine.

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