Kudrin estimates losses from Crimea’s reintegration at $150-200 billion

The Russian economy’s total losses from Crimea’s reintegration are estimated at $150-200 billion over 3-4 years, ex-Finance Minister Alexey Kudrin said at a round table discussion on the fifteenth anniversary of Vladimir Putin's election as Russia's president.

"Crimea’s reintegration will cost Russia about $6-7 billion a year. Over the course of 3-4 years, this figure may reach from $150 billion to $200 billion," RIA Novosti cited Kudrin as saying.