The war in Ukraine and the sanctions imposed on Russia have a wide range of economic consequences. Particularly affected are countries that have close economic ties with Ukraine and Russia. Russia itself is experiencing a significant drop in GDP.
On April 6th, the German Economic Team participated in a conference on the economic development of the Western Balkan countries. The event was organised by the Konrad Adenauer Foundation and the Kosovar-German Business Association.
On 12.04.2022, the online panel on the impact of the Ukraine war on Moldova, Armenia and Georgia, jointly organised by the German Eastern Business Association and the German Economic Team, took place.
Russia and Ukraine are among the largest grain producers in the world. Last year, Russia, Ukraine and Kazakhstan accounted for about a quarter of global grain exports. What impact does the war in Ukraine have on supply security and world market prices?
We are concerned and taken aback by the latest developments.
Interview with Robert Kirchner in the online magazine “Dekoder” on the economic situation in Belarus, structural problems, the effects of the EU sanctions, the role of Russia and China as well as the longer-term economic perspective under Lukashenko.
The conflict between Russia and Ukraine dominates international news. In the event of an intensified military conflict, the imposition of sanctions is likely. But what effects on the economy, particularly on trade, can be expected?
While the geopolitical tensions between Russia and Ukraine dominate the international news, the impact on the Ukrainian economy has been relatively moderate so far.
The conflict between Russia and Ukraine is at the centre of global interest. In addition to proposals for immediate conflict resolution, medium- and longer-term perspectives for the relations between the two countries are also necessary.
Ukraine has set itself ambitious climate targets – the country aims to reduce its greenhouse gas emissions by 65% by 2030 compared to 1990. By 2060, all sectors are to be completely climate neutral. Achieving this goal will require significant changes that will encompass the entire economy.
Economic Consultancy