"The information that the EU" demands € 290 billion from Russia "in the framework of the dispute is not reliable," TASS reports.

As the ministry clarified, the EU requirements are reduced to the abolition or modification of certain measures of Russia, which the EU considers to be in violation of the WTO rules.

The Ministry of Economic Development added that the EU estimates the Russian procurement market at € 290 billion, and not the damage caused to the European Union.

Earlier, as reported by the Izvestia newspaper, the European Union demanded € 290 billion from Russia through an appeal to the World Trade Organization. 

The EU's claims relate to three measures taken by Russia: "discriminatory assessment of public procurement bids", prior authorization requirements and national quotas for public procurement.

Senator Olga Kovitidi, in an interview with RT, noted that such a requirement is "the EU's recognition of the erroneousness" of the sanctions policy against Russia, which caused "irreparable damage" to the European economic community.