Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

IKEA Drops Salmon, Cheese From Menu Due to Sanctions
20.08.2014 15:17
IKEA Drops Salmon, Cheese From Menu Due to Sanctions
Photo Credit:

Swedish furniture giant IKEA has announced it will not replenish its supplies of Norwegian salmon and traditional Swedish cheese in its stores due to the food embargo imposed by the Russian government on August 7.

      Some of the items will remain on the menu, however, including sausages that are produced locally according to the original technology, using Russian or Brazilian meat.

      Earlier, Russia-IC reported that Switzerland rejected an appeal from other European countries hit by the Russian food embargo to export their products via its territory in the latest twist of the sanctions war, says The Wall Street Journal.

      Earlier, Switzerland announced it will not help Russia to bypass the EU’s restrictions, either.

      There’ve been many projections of the economic effect of the sanctions. Some said they will hurt the Russian economy by €23 billion this year (1.5 percent of its GDP) and €75 billion in 2015 (4.8 percent of its GDP).

      The EU will also be hurt by the capital markets restrictions and trade bans for defense, high technology and goods that can be used both for military and defense purposes.

      There’s been a lot of concern from southern member states, including Greece and Italy, where fragile economic growth could give way to recession.

      In Germany, the Committee on Eastern European Economic Relations, a powerful lobby group, said about 350,000 German jobs are under threat.


Author: Mikhail Vesely

Tags: Russian sanctions     

Next Previous

You might also find interesting:

Investment Attractiveness of Russian Regions
Russian Government would not Increase the Tax Burden on Businesses within the Next Six Years
Russian Crowdfunding Market Grew by 34% during 2018
Tmall Marketplace will Start to Sell Medical Goods and Cosmetics in Russia
Ministry of Agriculture will Support Regional Product Brands

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Transportation  Russian business  Day of Russia  Central Bank  EU sanctions  Yugra  Musicals   Russian Cinema  Archaeology  St. Petersburg  Andrei Kirilenko  Tula Region  Mercedes-Benz Fashion Day St. Petersburg  Russian Traditions  Russian writers  Ukraine crisis  Bryansk  Moscow  Festivals in Moscow  Jamaica  UAE visa  Monaco  Olympics 2012  Russian ballet  Moscow parks  Mercedes-Benz Fashion Week Russia  Multimedia Art Museum  Russian art  Paleontological Finds  Russian musicians  Alla Surikova  Georgy Taratorkin  Semyon Farada  Russian cuisine  Russian legislation  travel to Russia  ENEA  Grigory Bobrovsky  Photo Biennale  Russian tourism  Russian Bears  Alatyr  medical cluster   Exhibitions in Moscow  Russian Literature  Monuments of Moscow  Museum Fund of the Russian Federation  Kemerovo Region  Russian regions  Clement Troubetzkoy 

Travel Blogs
Top Traveling Sites