Sanctions Aftermath: Italy Loses 3.5 Billion Annually in Exports to Russia

admin Economy, Geopolitics

Due of anti-Russia sanctions, Italy’s economy is suffering 3.5 billion (US$4 billion) in losses annually, according to the Vice President of Association of Italian Entrepreneurs, Vittorio Torrembini.
Italy used to export 11 billion (US$12.5 billion) worth of goods to Russia every year, but currently it exports approximately 7.5 billion (US$8.5), Torrembini said in an interview with RIA Novosti.

This post was published at Sputnik News

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