Germany's foreign minister Baerbock said sanctions against Russia are not having an "economic impact," per AFP. The EU launched 11 rounds of sanctions against Russia to force Moscow to end the war in Ukraine. But Russia's wartime economy is booming on the back of state spending, confounding economists. AdvertisementAdvertisementThe European Union launched 11 rounds of sanctions against Russia since Moscow invaded Ukraine on February 24, 2022, to pressure the Kremlin into ending the war. AdvertisementAdvertisement"The logic of democracy does not work in autocracies," Baerbock told Lamby in the interview.

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Persons: Baerbock, Russia haven't, Stephen Lamby, Lamby Organizations: EU, Service, Russia, Times, AFP, Union, Kremlin, UBS, Global Locations: Russia, Moscow, Ukraine, Wall, Silicon, Europe, autocracies