Government working group meets on Ukraine crisis sanctions impact

Czech government experts will meet for a second time on Monday to get to grips with the impact of trade sanctions caused by the Ukraine crisis on the local economy and what steps can be taken to cushion the blow for companies. Short and long term measures to help exporters are being prepared with the meeting expected to yield firm proposals for action. Russia responded to European Union and other sanctions with a blanket ban on European food exports to the country. Prague is also hoping that help for affected agricultural producers could come from Brussels.

Author: Chris Johnstone