Add to favorite
 
123
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS


The Supply Of European Goods to Russia Has Fallen by Almost 16 Percent Annually
October 6, 2017 16:11


(Source: http://voicesevas.ru/news)

 Anti-Russian sanctions cost  the EU countries more than 30 billion Euros since 2014. This is stated in the report of the Austrian Institute of Economic Research (WIFO).

Since the introduction of restrictive measures, the supply of European goods to Russia has fallen by almost 16 percent annually. Up to 40 percent of this decline is due to sanctions. As a result, Russia ceased to be the EU's fourth largest trading partner and moved to fifth place. According to WIFO estimates, in 2014-2016, the European Union's supplies only decreased due to sanctions by 11 percent, which is 30 billion Euros.

During this period, Cyprus was particularly affected by the trade restrictions - exports to Russia fell by 35 percent, Greece (23 percent) and Croatia (21 percent). The most sensitive impact of sanctions was in 2014, the experts say. According to the UN, the sanctions against Russia cost the economy of the European Union 3.2 billion dollars a month. The Russian economy, in turn, lost $ 55 billion in three years.


Sources: http://lenta.ru 

Author: Anna Dorozhkina

Tags:      

Next Previous

You might also find interesting:

Genealogic Tree Of Yakutia Russia EU Summit in Portugal Russia May Grant a Loan To Iran The Volume Of the Reserve Fund Amounted to 1.007 Trillion Roubles The Ministry of Finance of Russia Will Buy Currency In the Amount of 47.6 Billion Roubles









Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
TAGS:
Zenit St. Petersburg  Tourist map  Leningrad Region  Archeology  Design  Tourist routes  Tiger And Hills   Russian subway  Fires  Russia-USA  Kazakhstan  Burial Grounds  Wrangel Island  Vodka Museum  Concerts in Saint Petersburg  VTB  Primorye  Cinema Fund  Moscow  Russian law  LDPR  Numismatics  Vladimir Monuments  Parliament in Action  South Stream  nuclear physics  Russian Cinema  Mercedes-Benz Fashion Week Russia  Moscow Music Critics Association  Russian tourism  Russian Animation  Russian tourists  Exhibitions in Moscow  Russian business  Russian history  Military  ecological actions  Russian Literature  Russian energy companies   Megafon  Silver Gate  Regions of Russia  Beer Labels  Theatre Festivals  Giotto  IT  Avachinskaya Bay  Alexander Sokurov  activity holidays  Painting 


Travel Blogs
Top Traveling Sites