Russia in Global Affairs

The feedback effects of sanctions on European economies have yet to be fully revealed. The sum of these effects, the so-called “boomerang effects”, will indeed only be known within a year. It could turn out to be far greater than the effects on Russia. In the long term, Russia may well do well while the EU, mired in thoughtless support for Ukraine, may have to pay a prohibitive price.

The sanctions proved ineffective in terms of the immediate impact of the restrictive measures used as a foreign policy instrument: they have not changed Russia’s political course. At the same time, the sanctions can be considered relatively effective regarding the damage they cause.