02:31 GMT +329 October 2016
    Russian regions. Crimea

    Crimean Gov't Expects German Investments of Over $280Mln

    © Sputnik/ Vitaliy Belousov
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    German entrepreneurs plan to invest over 250 million euro ($280 million) in Crimea, the press service of the local government said in an press release on Saturday.

    SIMFEROPOL (Sputnik) — German entrepreneurs plan to invest over 250 million euro ($280 million) in Crimea, the press service of the local government said in an press release on Saturday.

    "German entrepreneurs plan to invest over 250 million euro in Sevastopol and Crimea," the press statement read following the meeting with the businessmen.

    The press service added that the Germans offered projects in waste recycling, roads and tourist infrastructure building with further investments as soon as global political situation stabilizes.

    Crimea rejoined Russia in 2014, after an overwhelming majority of voters supported the historic reunification in a referendum.


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    • armor
      German investment, above: why is not the amount given in Roubles? Why the $ sign?
      We must start somewhere. Let's get used to the idea. I am preparing myself, actually, I do not need any preparation. The decline of the $ has started, let's all give it a moral push, the multi-polar world is in existence, Russia, we salute you again.
    • jasin reply toarmor(Show commentHide comment)
      armor, Because it's directed at an American audience, so they don't need to go to Google. The real question is about what a euro is even worth.
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