Date

30 October 2015

Related countries

Italy

Related issues

Human Rights

Further information

External link

(Tass, Verona, 22 October 2015) The Italian export credit agency SACE has suffered losses up to €3 billion due to sanctions against Russia, head of the agency Giovanni Castallaneta said. “We have already suffered damage for 2014-2015 for the sum of €2.5-3 billion,” Castellaneta told the Eurasian Economic Forum in Verona. Italian exports to Russia and neighboring countries decreased by $6.5 billion.