Monday, March 24, 2014

EU still stuck in the crisis

http://online.wsj.com/news/articles/SB10001424052702304026304579451554163000382?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304026304579451554163000382.html 



Recently Vladimir Putin, the president of Russia has decided to annex Crimea and it has been phenomenal to the EU, since this is a double-edge situation as of now. Either they deal with Russia, extremely aggressive at the moment. However the alternative still is costly as well, which is helping Ukraine with putting effort to block off Moscow. At the moment, the EU sanctioned 12 more appellations from access to visas and assets, in order to shake off Putin's influence. For now, the EU is pressing onto the alternative of supporting Ukraine and making it as a "success of the Europe". The cost will not be cheap, but this would make the country substantially independent from Russia, not only economically but in political perspective as well.

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