: :inin Kyiv (EET)

Putin’s Crimea adventure proves economic loser

Russian President Vladimir Putin’s annexation of the Crimean peninsula from Ukraine in 2014 is proving a loser for the Russian economy, costing at least $30 billion annually in lost business, subsidies and a worsening investment climate, a top analyst said Monday. Sergei Guriev, chief economist for the London-based European Bank … …read more

Source: The Washington Times

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