ATHENS, March 15 (Xinhua) -- The ongoing Russia-Ukraine conflict has dealt a big blow to the Greek economy, with the magnitude of impact hinging on its duration, analysts here have said, calling for concerted efforts at the European level to address the challenges in the short and long te...
Gas prices are seen at a fuel station in Budapest, Hungary, on March 4, 2022. The military conflict between Russia and Ukraine already had a negative impact on the Hungarian economy. (Photo by Attila Volgyi/Xinhua) by Geza Molnar BUDAPEST, March 5 (Xinhua) -- The military conflict between...
In this study, the Vienna Institute for International Economic Studies (wiiw) sheds light on the immediate consequences on the one hand, but also on the medium-term structural changes caused by the largest armed conflict in Europe since the Second World War. The Russian invasion of Ukraine has...
We have lowered Sweden's growth for this year to 3.1% from 3.6% previously due to the fallout from Russia's invasion of Ukraine. The main channel will be from higher inflation, weighing on disposable incomes and private consumption. Input shortages, whic
Indirect Impact Ukraine and Russia are key suppliers of several commodities that have become scarce due to the war. The shortage of these commodities has led to substantial price increases (Figure 3). How does this trend play out over time? Comparing price change percentages up...
While Russia, Belarus and Ukraine share some economic and structural features, they also have important differences. Economic crises were results of transformation trajectories as well as of financial contagion from the West. Future economic scenarios for Russia, Belarus and Ukraine involve not only ...
February 7, 2022 – Tensions between Russia and the North Atlantic Treaty Organization (NATO) continue to rise as a result of the imminent threat of invasion by Russian troops on the border of Ukraine ensue. In December 2021, Russian Foreign Minister Sergey Lavrov issued a highly contentious ...
Disagreements over Crimea and the NATO membership debate played a major role in the conflict developing into the Ukraine war.
As the second-largest oil producer and natural gas exporter, Russia’s war with Ukraine has severely impacted the energy market. To what extent has the war influenced crude oil prices, and has it altered the long-term dynamics of oil prices? An objective analysis of the effects of the Russi...
As Ukraine and Russia, two major suppliers of agri-products, are caught up in the conflict, the cost of edible oils may well skyrocket in India in the days to come. Agri-commodity pundits and future traders are putting a big bet on mustard. Insiders said that hoarding has also begun in...