German public, industry wary of economic sanctions against Russia


  • World
  • Saturday, 08 Mar 2014

BERLIN (Reuters) - A German business group says the imposition of economic sanctions on Russia should the Ukraine crisis worsen would have a huge effect on the global economy.

Eckhard Cordes, head of Germany's Committee on Eastern European Economic Relations, told Reuters: "We feel a clear sense of unease and the fear that the crisis will worsen, bringing with it a spiral of sanctions which will have a massive impact on the economy."

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