An economic slowdown in Russia due to the rising Western sanctions would affect Europedirectly and indirectly, according to the International Monetary Fund. The IMF said in a blog that the conflict in Ukraine and the related imposition of sanctionsagainst Russia signal an escalation of geopolitical tensions that are already being felt in Russian financial markets.
International Business Times: IMF says sanctions against Russia will hurt European economies
A street vendor sells eggs with the dual currency price tags in Russian rubles and Ukrainian hryvnias at a food outdoor market in the Crimean capital Simferopol.
