Germany can lose up to 60 thousand jobs due to falling exports to the Russian Federation
Exports of German subjects in the Russian Federation decreased in 2014 at 6 billion euros from the EU sentences and answer them from the Russian Federation, which increases the chance of bringing to a reduction of 60 thousand jobs, said the head of the Oriental Department of the German economy Eckhard Cordes newspaper.
according to him, the situation in the country in 2015 may deteriorate if the situation will not be resolved, the Agency reports. The specialist noted that the fall in exports in 2014 amounted to 18%. Cordes believes that if the decline of exports to the Russian Federation continues, Germany will be forced to cut about 60 thousand jobs.
The Eastern Committee of German economy is an influential organization that represents the desires of German companies doing business in the post-Soviet space and Eastern Europe.
in the last month of summer, the Committee predicted a fall in exports by 20-25%.
Western countries since March has repeatedly imposed punishment on a number of Russian politicians, businessmen and organizations because of the position of Russia in Ukraine. The last case of the use of such practices began in December limits, when the head of the U.S. announced an economic blockade of the Crimea, and in the sanctions List included a number of famous figures from the Crimea and Eastern Ukraine.
The list of Russian Citizens and organizations, first fell under the sentence, the material of the Fins news