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Revisiting Sanctions on Russia and Counter-Sanctions on the EU: The economic impact three years later

Author

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  • Gros, Daniel
  • Di Salvo, Mattia

Abstract

On June 28th, the European Council took a decision to prolong the economic sanctions imposed on Russia until 31 January 2018. These sanctions: 1) limit access to EU capital markets for major Russian state-owned financial institutions and energy and defence companies, 2) ban both the export and import of arms, 3) ban the export of dual-use goods for military use to Russia and 4) curtail Russia�s access to certain sensitive technologies and services that can be used for oil production and exploration.

Suggested Citation

  • Gros, Daniel & Di Salvo, Mattia, 2017. "Revisiting Sanctions on Russia and Counter-Sanctions on the EU: The economic impact three years later," CEPS Papers 12745, Centre for European Policy Studies.
    • Handle: RePEc:eps:cepswp:12745
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    File URL: https://www.ceps.eu/system/files/CEPS%20Commentary_Sanctions%20on%20Russia%20_Gross_Di%20Salvo.pdf
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    Citations

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    Cited by:

    1. Anders Åslund, 2020. "Western Economic Sanctions on Russia over Ukraine, 2014-2019," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 20(04), pages 14-18, January.
    2. M. P. Afanas’ev & N. N. Shash, 2020. "Russian Investments in European Countries: Current State and Future Prospects," Studies on Russian Economic Development, Springer, vol. 31(3), pages 327-334, May.
    3. Bayramov, Vugar & Rustamli, Nabi & Abbas, Gulnara, 2020. "Collateral damage: The Western sanctions on Russia and the evaluation of implications for Russia’s post-communist neighbourhood," International Economics, Elsevier, vol. 162(C), pages 92-109.
    4. Oliver Fritz & Elisabeth Christen & Franz Sinabell & Julian Hinz, 2017. "Russia's and the EU's Sanctions. Economic and Trade Effects, Compliance and the Way Forward," WIFO Studies, WIFO, number 60669, Juni.
    5. Livia Cebotari, 2021. "The impact of the Sanctions and Counter Sanctions on the Russian and EU Member States Economies," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 24(82), pages 56-66, December,.

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