The EU has suffered 21 billion euros in lost exports as a result of sanctions against Russia over Ukraine, Spain's Foreign Minister said Monday, Feb 9, as he met his counterparts to discuss further measures, according to AFP.

"Sanctions have had a heavy cost for us all, the EU has so far lost 21 billion euros ($23.7 billion). In Spain we have been badly hit in terms of agriculture and tourism," said Jose Manuel Garcia-Margallo, giving the first figure of its kind for the EU.