SANCTIONS ON RUSSIA AND ITS EFFECT
Journal: European International Journal of Multidisciplinary Research and Management Studies
Year: 2024

In 2014 Europe Union and United States had implied Russia with sanction as a result of illegal annexation of Crimea. Those sanctions were just small wave and more sever sanctions had been added when Russia shooted down malaysian aircraft, after presense military operations in Donbass, and non-respect Minsk agreement. Even though restrictions were very serious and affected all sectors of Russian economy, sanctions had not brought any positive results. Huge mounts of banks and companies had suffer