The destruction of the economies of Russia and the EU, when to wait for ₽68 for $1. Highlights of the night

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Analysts described the scenario of mutual destruction of the economies of Russia and the EU

Scholars at the Vienna Institute for International Economic Research have described possible scenarios and potential consequences of a Russian invasion of Ukraine, including the possibility of Russia and the EU's economies undergoing "mutually assured destruction."

Analysts call a full-scale invasion as an unfavorable scenario, the response to which could be tough sanctions , in particular, blocking the import of Russian energy resources, including a ban on the commissioning of the Nord Stream 2 gas pipeline. This will cause severe damage to the Russian economy, but will also lead to inflation and recession around the world. “This is an economic version of mutually assured destruction, and therefore it is unlikely,” the scientists write. The baseline scenario includes cyberattacks and invasion of regions in the southeast of Ukraine. In this case, the West may introduce relatively mild sanctions against Russia, including restrictions on the banking sector, government debt in the secondary market, and will also provide even more assistance to Ukraine, the authors of the report believe.

What other options for the development of events see the experts - read the full version of the article:

Experts describe the scenario of "mutual destruction" of the economies of Russia and the EU Economics