Financial sanctions have devastated Russia's economy. The EU and global financial system are absorbing the shock.

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Mar 7, 2022
#PoliticalEconomy #Russia

Nicolas Veron

@nicolas_veron

(Author)

Joshua Kirschenbaum

@JoshKirschGMF

(Author)

Read on www.piie.com

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The Russian economy is reeling from financial sanctions. Ukraine is devastated physically but standing financially; the European Union has already absorbed the initial financial sho... Show More

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Rob Person @RTPerson3 · Mar 7, 2022

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An excellent deep analysis of the multifaceted sanctions regime in place against Russia and the resilience of EU financial institutions to sanctions blowback. Written for @PIIE by my friend @nicolas_veron