Trailer: the fall of the ruble creates a danger for the German economy
The fall of the ruble poses a threat to the German economy, " said Director for foreign economic relations at the Association of chambers of Commerce in Germany (DIHK) Volker Treier (Volker Treier).
" The crisis in the Russian economy is increasingly inhibits the activity of German companies doing business in the Russian Federation ", - said Trailer in an interview to the newspaper.
According to a survey conducted by the Association of chambers of Commerce of Germany in the Russian Federation, every third German organization will have to lay off workers, which will impact on the economic development of plants. Trier said that " 36% of enterprises believe that they would have to cancel the projects.
According to him, most German companies suffer from weakening of the ruble. Ten percent of German companies have already announced that their long-term Russian partners are now focused on the Asian market." Every eighth Company is thinking about leaving the Russian market. Thus, it is assumed gap business relations, " he added Trier.
Relations between Russia and the West deteriorated in connection with the situation in Ukraine. At the end of July, the EU and the United States from a point against private individuals and organizations turned to measures against entire sectors of the Russian economy. In response, Russia has restricted the import of food items from countries that have introduced in relation to penalties: USA, EU, Canada, Australia and Norway.
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