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EU admits Russia sanctions aren’t working — RT Business News

Polish Prime Minister Mateusz Morawiecki on Wednesday noted Russia’s success in resisting Western sanctions, expressing regret over it.

“So far we see that Russia, unfortunately, is doing well with the sanctions,” he told reporters, adding that for “To correct” the situation, Warsaw would work on drawing up new sanctions.

Moscow has confirmed the failure of the “unfriendly” nations’ plans to “to strangle Russia economically”.

“Step by step, under all sorts of pretexts, sometimes without any pretext, they introduced new restrictions,” Russian President Vladimir Putin said on Wednesday, adding that Moscow had successfully repelled the sanctions strike, resisted it and had not collapsed.

Russia will respond to harsh and often clumsy restrictions with greater openness to entrepreneurship, honest partnership, respect and reliable protection for conscientious business owners and investors, Putin said.

The Russian president instructed the government to continue working on anti-crisis measures and strengthen control, ensuring the smooth functioning of the internal market.

Meanwhile, European Commission President Ursula von der Leyen announced on Wednesday that the EU was working “intensely” on a new plan to hit Moscow.

“The sixth sanctions package will arrive in due course. We’re working hard on it.” von der Leyen said, adding: “We are working hard not only to get rid of coal, as we have done before, but we are also working on the topic of oil.”

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