Germany counts cost of sanctions

Germany counts cost of sanctions: Trade turnover between Germany and Russia  dropped from €77bn to €68bn or over 18% last year, according to data released by its Federal Statistics Office. A combination of the sanctions and Russia’s economic troubles has also had an impact on Germany’s trade with the rest of the region, with exports to the Ukraine down by 33%, to Belarus by 21% and to Kazakhstan by 20%.

Source: BFM