Economic impact Annexation of Crimea by the Russian Federation
while (right after annexation), salaries rose, of government workers, offset increase in prices caused depreciation of ruble. subsequently, after russian authority became established, wages cut again 30% 70%. tourism, crimea s main industry, suffered in particular; down 50% 2014. crimean agricultural yields impacted annexation. ukraine cut off supplies of water through north crimean canal, causing 2014 rice crop fail, , damaging maize , soybean crops.
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