Media: Italy lost more than billion euros due to lower exports in the Russian Federation

Italy has already suffered significant economic losses because of reduced exports to the Russian Federation, and if you will be entered an additional penalty, the Situation in the coming months will deteriorate, says the Italian print edition.

according to the Italian Association Coldiretti farmers referenced in the media, in the last five months of 2014 Italy lost 1, 25 billion euros due to the reduction of export food products to the Russian Federation. As the article says, the decline is directly related to the Russian embargo on imports of European food items.

the printed publication is concerned that the introduction of new penalties regarding Russia may exacerbate the situation.

"The situation with the Italian export heavy in itself, but in the coming months she will be able to deteriorate even more, because Brussels is considering the introduction of new restrictions and penalties with regard to Russia," - emphasizes Il Sole 24 ore.

On Tuesday, Reuters citing sources informed that the head of the Ministry of foreign Affairs of the member countries of the European Union have the opportunity to ask the European Commission to prepare on Thursday fresh punishment regarding Russia. Later the source of the Last news confirmed that Ministers have the opportunity to ask the European Commission to consider additional punishment, but as long as it is not clear whether it is to go point about sanctions or about the increasing economic pressure on the Russian Federation. Official authorized head of the EU diplomacy Maya Kocijancic also stated that the EU until can't say what fresh punishment in connection with the situation in Ukraine will be discussed by the foreign Ministers of the EU on Thursday, but the services the EU has prepared options.

The extraordinary meeting of the foreign Ministers of the EU Ukraine will take place on Thursday. Before the EU imposed sanctions against Russia, citing the deteriorating situation in the East of Ukraine. Moscow considers such activities illegal, As it is not a party to the conflict.


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


sections: Politics