Risk Diversification in Central and Eastern European Capital Markets: Evidence from Russia’s Invasion of Ukraine
Journal: International Scientific Conference ERAZ.  Knowledge Based Sustainable Development
Year: 2022

Following the Revolution of Dignity in Ukraine in 2014, Russia an­nexed Crimea, while separatist forces supported by the Russian government seized part of the Donbas region in south-eastern Ukraine. Since the begin­ning of 2021, a build-up of Russian military presence has occurred along the Russia-Ukraine border. The United States and other countries have ac­cused Russia of planning an invasion of Ukraine. On February 24th, Putin announced a “special military operation,” supposedly to “demilitar