New sanctions on Russia could 'seriously impact economy'

(AGI) Moscow, June 27 - A new round of Western sanctionsagainst Russia over the crisis in Ukraine could seriouslyimpact the already stalled economy, Russian Economy MinisterAlexei Ulyukayev said on Saturday. The minister explained thatRussia has prepared three scenarios in the event of toughereconomic sanctions, and in the worst case economic growth rateswould go seriously negative, investment rates would fall,incomes would drop, inflation would grow and state reserveswould shrink. . .

(AGI) Moscow, June 27 - A new round of Western sanctionsagainst Russia over the crisis in Ukraine could seriouslyimpact the already stalled economy, Russian Economy MinisterAlexei Ulyukayev said on Saturday. The minister explained thatRussia has prepared three scenarios in the event of toughereconomic sanctions, and in the worst case economic growth rateswould go seriously negative, investment rates would fall,incomes would drop, inflation would grow and state reserveswould shrink. . .