![Russian food ban to cost EU $6.6bn a year – internal document Russian food ban to cost EU $6.6bn a year – internal document](https://mtic.us/wp-content/uploads/2014/09/FoodSanctions-310x168.jpg)
Russia’s decision to impose a food embargo in response to Western sanctions may cost the European Union €5 billion ($6.6 billion) a year, according to an internal EU document.
“The overall temporary restrictions currently applied by Russia potentially jeopardize €5 billion worth of trade,” the report seen by Reuters states.