calendar>>March 30. 2015 Juche 104
KCNA Commentary Ridicules EU Blindly Following U.S.
Pyongyang, March 30 (KCNA) -- Some European countries are blindly following the U.S., unaware of its ulterior design to throw whole Europe into an abyss of confusion and confrontation and bring down EU at last.

Since the outbreak of a civil war in Ukraine, EU has slapped sanctions against Russia's economy and finance several times and put embargo on export of weapons, transfer of double-use technology and latest technology and sale of up-to-date technical equipment for oil development to Russia.

But the European countries have suffered huge losses in their economy for taking the lead in imposing sanctions upon Russia.

Alexey Pushkov, chairman of the International Affairs Committee of the Russian State Duma, was quoted on Mar. 16 as saying that the losses suffered by EU due to its worsened relations with Russia ran into 21 billion to 40 billion US dollars.

All the fields of EU economy including agriculture weakened and value of euro dropped.

Agricultural products businesses in Netherlands, Poland, Greece and Bulgaria have suffered heavy losses. Economic losses of Lithuania reached 230 million euros.

150,000 workers in member states of EU lost their jobs. 25,000 workers in Poland became jobless and 21,000 in Germany.

It was reported by the German government that the country would lose 300,000 jobs in case its trade relations with Russia collapse in the future.

EU will reportedly suffer losses amounting to 50 billion euros (62 billion US dollars) this year due to the countermeasures taken by Russia.

But the amount of the losses suffered by the U.S. for imposing sanctions upon Russia is almost negligible.

The article titled "sanctions have not caused big damage to the U.S.-Russia trade" posted on the Russian internet news service Inosmi. Ru on Mar. 18 noted that the volume of the U.S.-Russia trade was not so big from its beginning and it is difficult to estimate the impact of the sanctions on it as most of the U.S. companies have not stopped their cooperation with Russia.

According to information announced by a relevant U.S. agency, the volume of the U.S. export to Russia from March to December, 2014 was 8.94 billion US dollars, which was less than 9.4 billion U.S. dollars in the same period of 2013.

Russia is an "inseparable neighbor" of EU in the light of geopolitics as their interests are complicatedly intermingled.

The annual volume of trade between EU and Russia amounts to about 460 billion US dollars but that between the U.S. and Russia is just 40 billion US dollars.

However, there is division among the EU member states over the issue of the U.S. call for slapping tougher sanctions against Russia.

The pan-Europe TV channel Euronews on Mar. 4 reported that the possibility of collapse of the euro zone is increasing. 38 percent of the European investors predict that the euro zone may be divided in a year to come and this possibility will reach an all-time high as compared with that in the past 2 years.

The division of EU and the danger of the euro zone's collapse are something which the U.S. desires.

The U.S. act of plugging EU into imposing sanctions upon Russia is aimed to bring down EU together with Russia.

The U.S. works hard to slow down its decline even a bit at the sacrifice of its allies including the European countries.

This stark reality brings shame to European countries.

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