Moscow – In 2014, Italy lost over €1.25 billion in exports to Russia as a result of the collapse of the ruble, which made it less convenient to purchase foreign products, but also due to the effect of the embargo and political tensions that curbed exchanges. This emerged from the final budget outlined by Coldiretti on the losses suffered by Made in Italy in trade with Russia in 2014 on the basis of ISTAT data. The data reveals that there was a collapse in exports by 11.6% over the previous year. (9Colonne)
