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In an interview in Eesti Päevaleht over the weekend, largely focusing on EU-Russia ties and developments in transport, outgoing European Commissioner for Transport Siim Kallas said that although Russia acts like it doesn't need the EU or Western banks, the country would not be able to go it alone.
Siim Kallas
Siim Kallas
© DELFI / Audrius Solominas

Kallas told interviewer Susann Kivi that Russia was entering deepening isolation after the third round of sanctions, including halting a process of unifying aviation rules with the EU that Kallas had worked toward. Kallas said isolation will strain finances and Russia may even have to take Soviet-style steps prevent the ruble from being freely traded against the dollar.

Asked how Europe - in particular the Netherlands with Rotterdam port and Germany with its gas dependence - would fare after the third round of sanctions was agreed, Kallas argued that some think tanks have put Russia's share in Europe's total foreign trade at a much lower level than commonly believed. "Even in Germany," he said. "But many [individual] companies depend on Russia."

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