Europe Fears Economic Hit If Russia Is Sanctioned Heavily

The transcript discusses a meeting in Geneva between US and Russian officials, focusing on tensions in Ukraine and NATO's involvement. It highlights potential US sanctions on Russia, including exclusion from the SWIFT payment system and export controls. The EU's position is examined, noting its agreement with sanctions but concerns over economic impacts. The EU's need to assert its role in negotiations and its vulnerability to Russian gas politics are also discussed.

What is the significance of the meeting happening in Geneva between US and Russian officials?

What are the potential sanctions that the United States is preparing against Russia?

What challenges does the EU face regarding economic costs and sanctions against Russia?

How does the European Union view its role in the current tensions involving Russia?

In what ways has Vladimir Putin managed to sidestep the EU in the current geopolitical situation?