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Strong impact of sanctions in 2 months: Confindustria Russia

"Painful changes expected"

19 May, 18:11
(ANSA) - UDINE, MAY 19 - The real "impact of the sanctions on the Russian economy is yet to come" and there are still "about two months before the local stocks of imported goods begin to run out and the crisis begins to be felt in all regions and among social groups," Alfredo Gozzi, general manager of Confindustria Russia, said today. Gozzi spoke at a meeting organised at the Confindustria Udine headquarters. To date over 450 Italian companies are present in Russia, with a total turnover of over 8 billion, Gozzi noted. (ANSA).

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