CERNOBBIO (Reuters) – The European Union is engaged on further sanctions on Russia however any extra measures will not affect the energy sector, the EU’s Economic Commissioner Paolo Gentiloni stated in Cernobbio on Saturday.
The 27-nation bloc will be confronted with a development slowdown brought on by the battle in Ukraine however not a recession, he added, saying the 4% development forecast was too optimistic and the EU would not attain it.
(Reporting by Francesco Zeccheni; Writing by Sabine Siebold; Editing by Alison Williams)
