EU agro-business suffers from Russian Embargo

EU agro-business suffers from Russian Embargo

As the peach season is approaching in Greece and Spain, it becomes clear that the Russian market has yet to be replaced for farmers in the EU.

In 2013, trade between the EU and Russia was thriving. Following EU’s sanctions on Russia, there were countermeasures on EU imports to Russia. The ban on European fresh food imports imposed by the Kremlin in 2014 was a major blow to agricultural income for 2014, but has also affected the price for several commodities in the long run.

In 2013, the es...

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