Meanwhile, the German economy is already feeling the pinch of this dramatic drop in the number of Russian tourists coming to the country.
A survey, conducted by the newspaper, showed that this year the Germany economy had lost at least 275 million euros from the 30 percent drop in the tourist flow from Russia compared to last year, with retail trade and tourism being the hardest hit.
“Russian tourists are very good clients and their absence is very bad for our economy,” CityPartnerMünchen company’s managing director Wolfgang Fischer told Wirtschaftswoche.
Hotels in Berlin, Munich, Dusseldorf, Frankfurt and Dresden – traditional destinations for Russian tourists in Germany – have suffered the most from the Russian vacationers’ sudden loss of interest in the pleasures of the German holiday season.