4min chapter

Forward Guidance cover image

Can Europe's Economy Handle Russian Sanctions? | Frances Coppola

Forward Guidance

CHAPTER

The West's Sanctions on Russia

Sovereigns that can pay in any kind of pain, but investors don't have to accept it. The sanctions package is as half-hearted because we're not doing what we really need to do,. And that's because we're afraid of escalation and we don't really think we're at war. Will it stop Putin? I don't think so. It will only stop Putin if it makes it impossible for him to continue his offensive. But they need to be coupled with arming Ukraine.

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