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Russia invasion of Ukraine - Economic war against Russia and Russia's response

Page with all the IPSEs stored in the archive related to the Context Russia invasion of Ukraine - Economic war against Russia and Russia's response.
The IPSEs are presented in chronological order based on when the IPSEs have been pronounced.

Anton Siluanov
Anton Siluanov

“Of course we will sue, because we have taken all the necessary steps to ensure that investors receive their payments. We will present in court our bills confirming our efforts to pay both in foreign currency and in roubles. It will not be an easy process. We will have to very actively prove our case, despite all the difficulties.”

author
Minister of Finance of the Russian Federation
11 Apr 2022 4 3
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Mario Bikarski
Mario Bikarski

“So far there hasn't been very much of a strong government position. There's been no concrete or clearly set-out measures to respond to these sanctions. Different members of the government, including Putin, have said that the situation will be managed and that Russia will survive. But what they've implemented so far are things like tax breaks, credit holidays, and some financial support to large businesses. This will not be sufficient at all. Back in the 1990s there was some international support coming to Russia's aid during this time of crisis. This will not be happening right now. Russia will have virtually no access to any international financing or support.”

author
Analyst at the Economist Intelligence Unit
12 Mar 2022 4 4
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Ruben Enikolopov
Ruben Enikolopov

“In terms of the government, the problem is that they're silent about the economy. The first reaction for many of them - because they grew up in the Soviet Union, so that's the mentality they have - is price controls and things like that. They might work temporarily, but in the long-run it's a disaster for the economy. It's really hard to even imagine what the government can do. In some senses they're hostage to this situation. All the main events are completely unrelated to the government's decisions. The danger of this approach [nationalization of property of foreign investors and government-mandated prices] is it works in the short-term. But this is a crisis that will be very prolonged. The closer we are to a planned economy, the more the government intervenes and nationalises, the harder it will be for the economy to adjust and more likely it will end up really bad.”

author
Economist and rector of Moscow's New Economics School
11 Mar 2022 6 3
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Dmitry Medvedev
Dmitry Medvedev

“Today, some French minister has said that they declared an economic war on Russia. Watch your tongue, gentlemen! And don't forget that in human history, economic wars quite often turned into real ones.”

author
Russian Security Council Deputy Chairman
01 Mar 2022 3 4
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