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14 of March, 10:00

Laukkanen: for Finland punishment came at the wrong time
Because of the anti-punishment suffers financial market, Finland, informs citing senior economist Bank of Finland Heli Simola.

The influence of the anti-punishment and contracti, there can in General only be assessed after some time, but now it is clear that punishment affect an increasing number of Finnish organizations and inhibit the export of Finnish subjects in the Russian Federation.

"Due punishment to our customers has become more difficult to obtain financing. So, punishment affected the demand for Finnish exports. During the last months of last year, the export of Finnish food items in the Russian Federation decreased almost 70% in comparison with the situation a year before, " says Simola.

Aggravates the situation, as underlined by the analyst, Central Union of business life in Finland Timo Laukkanen that Finland punishment came at the wrong moment, when the country was already experiencing difficulties in labour productivity in industry and the number of jobs.


Western countries from March 2014 has repeatedly imposed punishment because of the position of Russia in Ukraine. The last case of using such practices were the limits imposed in March 2015, when was expanded sanctions List USA.

The list of Russian Citizens and organizations, who are under punishment, the material of the Fins news

sections: Politics

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