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Analysis: Russia - Assessment of EU and Tightened US Sanctions
Special analysis covering the most recent escalation in terms of Western economic and financial sanctions against Russia: EU and US sending bold diplomatic signals without inflicting too much near-term economic and financial damage. In comparison to the US sanctions by the EU are capped in duration. Recent escalation adds to uncertainty in doing business with Russia, which is an ultimate goal of sanctions. Near-term impact of current sanctions still limited, which implies a risk that they may remain for longer.
Analysis: Russia - Assessment of EU and Tightened US Sanctions / Picture: © Vindobona.org
Raiffeisen Research concludes in its latest assessment, that the EU has taken the decision to slam economic and financial sanctions on Russia. According to the most recent newsflow the EU ambassadors agreed to introduce more far reaching sectoral sanctions with final approval to be stamped. In particular EU sanctions forbid selling to Russia military arms including items…
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