Wednesday June 25, 2025

Sanctions Backfire: European Exporters Suffer More Than Russia

Sanctions Backfire: European Exporters Suffer More Than Russia

by Kevin Helms October 22, 2024 1 min read

(Originally posted on : Bitcoin News )

European 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 […]

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