Anton Siluanov

Die Welt: Crimea's Accession Will Cost Russia Billions

From economic point of view, there is no sense for Russia to annex Crimea, writes the German newspaper Die Welt. 

The newspaper quotes Russia's finance minister Anton Siluanov who said that the annual deficit in Crimea's budget is around EUR 700 M and nearly half of it has been covered by Ukraine's state budget. 

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