First of all, by cutting economic ties, European authorities produced a huge outflow of European businesses from Russia. European Investors Will Lose In The Financial SectorSecondly, European investors will lose quite significant amounts of money in the financial sector. Russian "Disinvestment" From EuropeForth, one should also look at the effects of Russian "disinvestment" from Europe. ConclusionThe overall impact that the Russian aggression against Ukraine may have on the European economy appears to be quite significant, claiming up to €400 billion (around $442 billion), or roughly 2.7 percent of EU combined GDP, in its first year. Russian policymakers try to claim that Europe pays more to the sanctions it imposes on Russia than Russia itself loses.

Source: Washington Post April 01, 2022 17:59 UTC