Economics
France Expects ‘Contained’ Economic Impact From Ukraine Crisis
This article is for subscribers only.
French Finance Minister Bruno Le Maire said the economic consequences from the Ukraine crisis will be contained for France because of limited trade links with Russia and government measures to cap energy prices.
Only slightly more than 1% of France’s exports are to Russia and trade in the other direction represents less than 2% of imports, Le Maire said at a hearing of the French Senate’s Finance Committee.