The removal of anti-Russian sanctions would do a power of good to both Russia and Germany, but to lift the restrictive measures it is necessary to meet a number of conditions, German Chancellor Angela Merkel told an annual news conference in Berlin on Tuesday, August 29, TASS reports.

"As you said, that will be good for the Russian economy and for the German economy," she told reporters.

According to Merkel, she will continue doing her utmost to seek the implementation of the Minsk package of agreements on the settlement in the Donbass region with the US participation.