Sanctions Backfire: European Exporters Suffer More Than Russia

Permalink Report to webmaster

Sanctions Backfire: European Exporters Suffer More Than RussiaEuropean sanctions against Russia are impacting small European exporters, particularly in Italy, more severely than Russia itself, according to Ferdinando Pelazzo, president of the Italian-Russian Chamber of Commerce. Small and medium-sized enterprises (SMEs) are struggling with disrupted payment systems and logistical challenges due to the sanctions. Italian businesses heavily reliant on Russian markets now face […]

Source: Bitcoin News

#Economics, #BalticStates, #ECB, #EuropeanExporters, #ItalianExports, #Italy, #Poland, #Russia, #Sanctions, #SMEs