The Russian Sputnik V vaccine is as effective as the Western ones. Fr all its flaws the Soviet Union was a scientific, educational and health giant, and its successor Russian state still is. The Sinopec (Chinese) one is only about 60-70% effective, on the other hand, and unless given away for free, it's hard to understand why any country would want it.
The concerns about Sputnik are geopolitical in nature (weakening the sanctions regime against Russia for its doings in Ukraine, and the persecution of Navalny), not sanitary ones.
The concerns about Sputnik are geopolitical in nature
Not entirely. Their politicians boasted about it being the world's first "registered" vaccine a month before its Phase III trial started, that was an own goal completely of their making. It was only months later where they were able to finish their Phase III trial with very good results, but a few weeks behind the two mRNA vaccines.
So in other words exactly like Astra Zeneca. A good vaccine whose reputation was marred by nationalism-driven botched design of experiment and clinical trials.
That said, the effectiveness of Sputnik V has been established to Western standards now, so the only reason for the EU to refuse it when it is in crying need for vaccines is political, not scientific or medical.