Western sanctions are causing the Russian economy to falter. Many European companies are reconsidering their investments in the country; the punitive measures against banks and export bans are making business enormously difficult.
By Till Hoppe
The change of course by the traffic light government due to the Russian attack on Ukraine is a significant change on many levels. Thomas Wiegold analyzes the new course and its meaning in terms of federal policy, Europe, and for the armed forces.
By Redaktion Table
The EU is severely restricting the Russian Central Bank's ability to protect the financial system from the consequences of the sanctions. Several banks will also be cut off from the SWIFT international payment processing system. The measures are likely to shake the Russian financial system.
By Eric Bonse
The day after Russia's invasion of Ukraine, the US, the EU, and the G-7 agreed on far-reaching sanctions against Russia. At the EU Council meeting in the evening, however, differences of opinion also emerged on the scope of the sanctions – on the SWIFT payment system.
By Eric Bonse
A key component of the new sanctions will be export restrictions on high-tech products. Russia's economy is to be severely hit by the fact that Putin's regime and the state-dominated economic apparatus will lose access to technologies that are hardly indispensable for maintaining operations in the medium term.
By Falk Steiner
Russia has been the global loser since 1989, a development that President Putin is now reversing, writes former Foreign Minister Sigmar Gabriel. In today's opinion, he analyzes the current development and the consequences for China and Europe. His conclusion: the continent must invest in its own security and move closer together economically. Putin will make his next steps dependent on Europe's clarity and strength.
By Redaktion Table
