Who bears the costs of the EU’s sanctions?
Who bears the costs of the EU’s sanctions?
Author(s): Daniel KrutzinnaSubject(s): National Economy, Business Economy / Management, Economic policy, Government/Political systems, International relations/trade, Political Essay, EU-Accession / EU-DEvelopment
Published by: Kolegium Europy Wschodniej im. Jana Nowaka-Jeziorańskiego we Wrocławiu
Keywords: EU sanctions; Belarus; economic stress of the population; Russia's support;
Summary/Abstract: In June 2021 the European Union announced a new package (the fourth one) of sanctions against the Belarusian regime, including sectoral sanctions aimed at restricting commodity exports of oil products and potash. Many have argued these sanctions will force financial difficulties on the state and thus increase pressures on Alyaksandr Lukashenka to step down, making way for new and free elections. Yet the question remains how effective they really will be if the aim is to ultimately bring down Lukashenka and bring democracy to Belarus?
Journal: New Eastern Europe
- Issue Year: 2021
- Issue No: 05 (48)
- Page Range: 25-29
- Page Count: 5
- Language: English
- Content File-PDF