Pursuits

Fur Coats Lose to Food as Ruble Drop Hits Finnish Town

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Nestled in the southeast corner of Finland is a pristine region dotted with lakes and pines that’s the euro area’s first point of call for many Russian shoppers.

It’s here in the town of Lappeenranta, just 200 kilometers (130 miles) away from St. Petersburg, where the weaker ruble and a sanctions dispute between the European Union and Russia is taking an especially big bite out of the economy.