The effect of sanctions against Russia on Russia and European business

It’s been more than a year since the toughest and most unified sanctions ever were applied to Russia by the EU and Nato sanctions that have also impacted European business.

The Russians say that their economy has been barely unaffected, while the EU says they are having a devastating impact. Who is correct?

Ian Bond is a former British diplomat in Moscow, and is now the director of foreign policy at the Centre for European Reform joined Joe this morning.