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Standpunkt

In Standpunkt Deutschland we analyse and comment on financial and economic issues, raise awareness of the key issues and contribute to the discussion. Through "Standpunkt”, we aim to cut through the day-to-day noise and focus on the key strategic questions faced by Germany in the 21st century.

1 Document
May 16, 2014
1
So far the West has chosen a reluctant approach in its attempt to contain Russia’s encroachment in Ukraine, refraining from economically or financially meaningful sanctions. The Ukraine crisis and further sanctions will not be inconsequential for the profile of the European recovery, but when looking at the distribution of costs, it seems that the West can afford to be tough towards Moscow. Obviously, the economic cost would be higher if Russian supply of energy to the West was jeopardized, but this would come at a very high price for Russia itself. [more]
7.6.3