European Commision combats Russian embargo

The European Comission confirms the negative impact of Russian embargo on the European economy- "There will be losses, but smaller, than it was firstly assumed". Still, sanctions are expected to result in losses bigger than € 5,2 bln. Lithuania will experience the most devastating losses, with € 900 mln of export last year. Poland follows, with € 850 mln, consisting of losses from pork, fruit and vegetables trade. Severe effects of the sanctions will also affect Germany (€ 850 mln), The Netherlands, Denmark, Spain, Finland, Belgium and France. Fortunately, the European Comission agreed to support Polish apple producers with recompensations for the losses expected. Polish Minister of Agriculture demands support also for national pepper, sauerkraut, mashroom, cherry and tomato producers.