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EU Members are Unlikely to Issue Serious Sanctions to Russia over Ukraine

Despite decrying Russia’s deployment of troops to the Crimea region and threats to boycott the forthcoming G8 summit in Sochi, EU members are unlikely to take any meaningful action against Russia in...

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What has Russia Won in Crimea?

So far the answer appears to be not a lot – Russia is already suffering from limited political and more substantial economic consequences from its decision to annex Crimea, which will escalate sharply...

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Car Producers in Russia Hit a Speed Bump but the Industry’s Outlook Remains...

Russia’s new car market is one of the fastest growing in Europe and is set to outgrow Germany by 2020, although the crisis in Crimea is likely to hamper overall growth in 2014. Nevertheless, some of...

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McDonald’s Exits Crimea for Supply Reasons

http://euromonitorintl.wistia.com/medias/iyv9agueht?embedType=seo&videoFoam=true&videoWidth=680 McDonald’s recently closed its restaurants in Crimea citing supply problems due to political...

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Economic Woes to Slow Russian Tourism to Western Europe

Despite the crisis in Crimea, which could possibly escalate to envelop the whole of Ukraine, it is the economic consequences which will likely have more of an impact on outbound travel from Russia to...

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Regional Focus: Eastern Europe’s Consumer Markets Remain Fragile in 2014

Consumer income and expenditure across Eastern Europe are expected to see positive developments in 2014, backed by the region’s higher growth rates and declining inflation. However, high unemployment...

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Ending Europe’s Energy Dependency on Russia is a Challenging Task

The European Union is seeking to reduce its energy dependency, especially on Russian natural gas, in an effort to enhance the bloc’s energy security and bargaining power vis-à-vis energy suppliers....

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Spillover Risks from a Russian Recession

Since our previous forecast update, the Russian outlook has continued to deteriorate. Year-on-year GDP growth in the first quarter of 2014 was 0.9%, and the Ministry of Economic  Development estimates...

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