The fall of the ruble and a slowdown in the rate of increase of the Russian economy has a negative impact on GDP of Lithuania, said on the first day of the week Last news chief economist of the Lithuanian branch of Nordea Bank, Zygimantas Mauricas.
" Russia is one of the main trade partners of Lithuania. As the Fall of the ruble, and the slowdown in Russia's economic development, will undoubtedly have an impact on the Lithuanian export and re-export. Since Lithuania is a transit country, it will also affect the transport sector. To a lesser extent it will affect the producers, because the overwhelming majority of them are under the penalties of Russia ", - said Maurice.
according to him, the fall of the ruble will affect the tourism sector, As in the last few years in Lithuania was visited by many tourists from Russia and Belarus, as the economies of these 2 States are closely related.
" The direct effect of punishment of Russia on the European manufacturers on GDP of Lithuania will be about 0, 8%, the fall of the ruble would like to add another 0, 15-0, 2%. However, if the fall of the ruble will continue, the damage has a chance to be great. Currently, however, the Eurozone is recovering, hopefully this partly compensates for the loss, " said head of the Department.
Relations between Russia and the West deteriorated in connection with the situation in Ukraine. Russia summer has restricted the import of food items from countries that have introduced in relation to penalties: USA, EU, Canada, Australia and Norway.
before the Minister of economy of the Baltic Republic Evaldas Gustas not excluded that the growth of GDP of Lithuania according to the results of the current year may be reduced to 0, 2 percentage points due to the response of Russia to punish the EU and the US. According to forecasts of the Ministry of Finance of Lithuania, GDP growth this year will be about 3, 4%.
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
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