German businesses were concerned about the loss of seats in the Russian market

Businessmen from Germany expressed concern that their place in the market of Russia will take producers from Brazil and China, said the Head of VTB Andrey Kostin.
" There is a decrease in turnover, imports, largely due punishment. There are limits on companies who are in sanction lists, and There are limits to purely economic plan related to the fact that the exchange capacity is less than the steel, " said he." for this reason They are very concerned that they will be replaced by the Chinese, the Brazilians, other countries ", - said the Head of VTB, reports TASS. In addition, According to Kostin, German organizations are concerned that in response to Western punishment have the opportunity to be nationalized assets foreign organizations, including German. VTB Chairman summed up that German Entrepreneurs claim to have problems with the financing of export to the Russian Federation, " which is not the Chinese." The same Bank KfW and others deny this on the basis of punishment not only the EU, but also the United States, " he cited the example." We spontaneously meet and work, but, unfortunately, the credit institutions (European) hands are tied, " he continued Kostin. They are afraid and their own punishment, and American, and the maximum that we manage is to achieve a more or less regular work on the areas that do not fall under the punishment." First analyst with consulting organization Rowan Darlington Signatureé guy Stevens said that the punishment is relatively capital of Russia beat on the European economy, and this applies to most of Germany because of its close ties with Russia. A survey of the German TV station ARD showed that German citizens do not support the idea of imposing additional penalties regarding Russia in connection with the situation in Ukraine. In addition, the German party " the Left " urged German Chancellor Angela Merkel set the tone to de-escalate deteriorating due to the crisis on Ukraine's relations with Moscow. Relations between Russia and the West deteriorated in connection with the situation in Ukraine. The EU and the US on the background of the progress of the Minsk agreements between Kiev and militias Donbass about stopping the fire entered against Russia penalties against financial, oil and defense industries.


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