Russia Sanctions Blowback: Finland’s Largest Dairy Lays Off 800, Spain Seeks EU Aid, Poland Complains To WTO


Russia Sanctions Blowback: Finland’s Largest Dairy Lays Off 800, Spain Seeks EU Aid, Poland Complains To WTO (ZeroHedge, Aug 13, 2014):

Well that didn’t take long. Mere day after Russia announced its ban on Western nation food imports, European countries are scrambling (as we explained why here). Greece has already expressed dismay, but now Spanish officials will meet with EU leaders to discuss offsetting the country’s estimated up to $800 million in food and agriculture losses due to sanctions. Poland is pissed and has complained to the WTO claiming “Russia has broken international law in both its embargo;” and Finland’s largest dairy producer has announced 800 layoffs due to the sanctions. When does Europe tell Washington – enough!

Spain demands aid… (despite Rajoy’s support for anti-Russia sanctions)

Spanish Agriculture Minister Isabel Garcia Tejerina said the restrictions have prompted her ministry to convene a meeting with the European Commission in Brussels on Thursday.

The Spanish government has estimated that agricultural losses will amount to €337 million, or about 1.8 percent of Spanish exports. Other groups, like Spain’s opposition Socialist Party, have estimated the losses to be higher- €581 million.

Last year, 37,000 tons of tomatoes, 35,000 tons of peaches, and 33,000 tons of mandarin oranges were exported from Spain to Russia, according to Spain’s Small Farmer’s Association (UPA).

“The decision that was adopted involves many political issues that exist between Russia and the European Union, and not just the EU. As a result, it may be necessary to compensate us for these political decisions – the producers who work all year and want to at least be paid enough at least to cover production costs,” Lorenzo Ramos, Secretary General of UPA, told RT.

Finland suffers…

The largest Finnish dairy producer Valio send a forced leave of the staff with factories working for export to Russia. This is stated in the message of concern.

Restructuring will affect Finnish enterprises’ Valio: Plant in Haapavesi ( cheese Oltermanni), Seinäjoki ( oil Valio), Vantaa ( cream cheese Viola) and warehouse in Lappeenranta. Concern revise employment contracts of all the employees of these companies. ” Some of the staff ( according to preliminary estimates, 800 people) can go on forced leave to fully clarify the situation, with a portion of employees will not be renewed temporary employment contracts, “- said in a statement.

Poland complains…

Poland’s agriculture minister went on television to announce the country was taking action against Russia’s new import ban. “We believe Russia has broken international law in both its embargo against Poland and its embargo against the EU,” Marek Sawicki said.

Russia banned the import of Polish fruit and vegetables in early August – a move Sawicki said would cost Poland 0.6 percent of GDP.

“If a WTO member state believes another WTO member state has taken a measure that is not in conformity with WTO rules, the affected WTO member state may request mediation,” attorney and WTO expert Eric Pickett said.

And the Czechs are in for some EU assistance…


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S&P 500 nears all-time highs as US companies do not seem to suffer at all… We are sure Merkel is watching carefully.



2 thoughts on “Russia Sanctions Blowback: Finland’s Largest Dairy Lays Off 800, Spain Seeks EU Aid, Poland Complains To WTO

  1. Putin is moving too fast. He is fully aware of the strings and intricate deals that make trade agreements work…….he needs to think more carefully before moving. His target is the same one they had 50 years ago, the US. But, this will hurt the EU to the point where they will join with the US, and if he hurts other nations financially, they will join the US, too.
    Meanwhile, Fukushima keeps boiling its poisons. The Pacific ocean is now dead. How much longer can any of this go on? Not long enough for another cold war….

  2. Vlad is now master of the game.

    He did nothing wrong. As Victoria Nuland (Nudelman) once said “the United States have invested 5Bn USD in de-stabilising the Ukraine” with the sole aim of dragging Russia into open war.

    This antagonised Vlad as his main access to the Mediterranean was threatened.

    He acted quickly by annexing Crimea under the guise of a referendum.

    So then the industrial sector of Ukraine rejected the Kiev decision to ally itself with EU. East Ukraine.s investment source, culture, export markets and alliance has always been Russia.

    On US instructions, Russia was recently attacked by all EU & Us sanctions, immediately devastating Russian markets and supplies.

    Why is he moving too fast? His economy has been hit hard by those wanting to either destroy Russia, as openly stated by Israel zionists embittered at being kicked out during two world wars and by Bush Snr as part of his NWO plan.

    All those countries never even discussed their plan to hurt Russia.

    Then they tried to blame him for the False Flag MH17, which he calmly exposed.

    I think he is carefully showing that for every twist the US/EU make to the knife they stuck in his back, he returns the compliment, and the only reality is that they are surprised he has the guts to do it, and were so unprepared at the consequences they are screaming like stuck pigs.

    It was the idiots in US/EU government who have just proved their total ineptness.

    The Russian people have lived by the siege mentality for centuries. We are softies.

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