European manufacturers have developed mainly through promotion in foreign markets, including Russia.
But in response to politically motivated economic limitation Moscow announced the introduction of its own scrupulous punishment. It has exposed deep financial problems that have matured in the region for a long time.
Russia used a food embargo on European food products on August 7, 2014, and for almost a year of restrictive measures of the European buyers to have time to feel the negative results started in Washington confrontation. The trend is expected to continue, increasingly exacerbating long been ripening in the European economy difficulties, no doubt the experts.
"The domestic response caused a loss of 23% of the French exports of agricultural products and foodstuffs - 586 million euros, compared with 760 million euros in 2013" - quoted by La Croix news of the Ministry of foreign Affairs of France. With all this trend will continue in 2015.
So, according to the remark of the French customs service, during the first five months sales of meat products fell by 73%, milk - by 78%. Previously, Russia was one of the hugest markets even for cheeses from France, but now this article earnings budget is closed to power. Not to mention the fact that farmers do not understand what to do with manufactured products.
With the announcement of domestic embargo had on the day of the crisis of agriculture in France and serious structural difficulties in many other States of the European Union. Powers, deprived of a large foreign market, increased competition within the region, which further hit the farmers.
sections: Economics, World News, Accidents