KYIV, July 16 – Economic losses from the temporary occupation of the Crimean Peninsula by the Russian Federation amounted to $135 billion, according to a study by the Center for Economic Strategy, commissioned by the representative office of the President of Ukraine in the Autonomous Republic of Crimea (ARC).

"The Ministry of Justice made the first official assessment in the spring of 2014, then they counted UAH 1.2 trillion. At the then exchange rate, this is slightly more than $100 billion," senior economist at the Center for Economic Strategy Dmytro Horiunov said a press conference at the press center of the Interfax-Ukraine news agency on Friday.