date:Aug 18, 2014
trucks loaded with cheese, yogurt and meat, officials from Lithuania and Estonia said last week. The euro area exported more than 292,000 tons of dairy products to Russia last year, with the Netherlands providing almost a quarter, followed by Germany and France, according to Eurostat.
The food-import ban has a rather limited effect on growth in the eurozone, Peter Vanden Houte, chief euro-area economist at ING Groep NV in Brussels, said by phone. For some areas in the sector, oversupply could