ECONOMY

Fur exports to be hurt by ruble decline

The sliding ruble is expected to hurt Greek fur exports, which account for 10 percent of the global market.

“This year is very difficult for enterprises in the fur sector due to the devaluation of the ruble, which is resulting in the reduction of the purchasing power of Russian consumers, who are the main buyers of Greek fur,» said Kastoria Chamber president Charalambos Karataglidis.