According to the report, Russian Agriculture Minister Nikolai Fyodorov has indicated the ministry is considering easing the ban on food imports from the EU. Fyodorov purportedly told journalists the government is considering lifting trade restrictions with Greece, Hungary and Cyprus.

The ban on Russia's EU food imports was imposed last year in response to western sanctions over Russia's military intereference in the Ukraine.

Inflation and food prices have risen dramatically in the country since then and last month twelve major food chains in Russia froze prices on 20 "socially important" goods for two months in order to help the public cope with the crisis.

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How Russians are coping with the food import ban