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Russia - European Union: The continuation ofthe sanctions standoff
https://doi.org/10.32609/0042-8736-2017-6-114-127
Abstract
The article deals with economic sanctions and their impact on the state and prospects of the neighboring partner economies - the European Union (EU) and Russia. It provides comparisons of current data with that of the year 2013 (before sanctions) to demonstrate the impact of sanctions on both sides. Despite the fact that Russia remains the EU’s key partner, it came out of the first three partners of the EU. The current economic recession is caused by different reasons, not only by sanctions. Both the EU and Russia have internal problems, which the sanctions confrontation only exacerbates. The article emphasizes the need for a speedy restoration of cooperation.
About the Authors
M. Klinova
Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences
Russian Federation
Russian Federation
E. Sidorova
Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences ; MGIMO University
Russian Federation
Russian Federation
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Review
For citations:
Klinova M., Sidorova E. Russia - European Union: The continuation ofthe sanctions standoff. Voprosy Ekonomiki. 2017;(6):114-127. (In Russ.) https://doi.org/10.32609/0042-8736-2017-6-114-127
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