Almost half of Finnish firms see hit from Russia sanctions


  • World
  • Thursday, 14 Aug 2014

HELSINKI (Reuters) - Almost half of Finland's companies are being hurt by the sanctions the European Union and Russia have imposed on each other over the Ukraine crisis, a survey by the Chamber of Commerce showed on Thursday.

Russia is Finland's third-biggest export market, accounting for about 10 percent of total Finnish sales abroad. Russian tourists spend roughly 2 billion euros (1.60 billion British pound) annually in Finland.

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