By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Sharu said:
Vygaudas Usackas, EU embassador in Moscow, told on the radio that estimated losses from the sanctions for the EU could be around 12 billion euro.


10%  of our exports, so our prices will drop

 

Putin does this because our main risk is deflation, so it is actually a smart move.

 

On the other hand it raises prices in russia tremendously and the production quality is bound to drop in order to meet the demand.