Who loses if Russia implodes?
 Tbilisi 11:45 - 17.12.14 «GHN»
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Its trading partners -- countries and businesses -- are watching with concern as Russia scrambles to tackle a deepening economic crisis, sparked by plunging oil prices and punishing international sanctions, reports GHN based on CNN.
The ruble has been in free fall and is already hurting earnings at global companies with operations in Russia.
Here are some of the biggest victims of Russia's deteriorating economy:
Germany: Europe's largest economy is most exposed to Russia. Last year, Germany's trade relationship with Russia was worth more than €76 billion ($95.4 billion). Tough Western economic sanctions over the Ukraine crisis have already taken a toll on exports and companies have put the brakes on investment.
Last month Germany said "geopolitical crises" had contributed to a sharp cut in its growth forecasts for this year and the next.


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