The Russian invasion of Ukraine is dramatic and its economic consequences will be very serious.ĨThe financial markets have reacted quickly to the news of the Russian invasion, with sharp falls. Russian President Vladimir Putin took advantage of these clashes in 2014 to invade the Crimean peninsula (Bebier 2015 Ingelevič-Citak, 2015) in southern Ukraine and organized a referendum there to annex it deemed illegal by the international community.ĥWith the rapprochement of the current Ukrainian president Volodomir Zelenski to NATO, alarm bells have gone off in the Kremlin and the war has finally begun.ĦPresident Putin announced on Thursday, February 24, 2022, the beginning of a military intervention in Ukraine in order, according to him, to protect the Russian population from abuses and genocide by the Ukrainian government for the last eight years.ħThe war is enormously tragic, first of all, for Ukraine, but also for Russia and the whole world.
If Kiev joins NATO it will lose the possibilities of influence in the country.ĤPro-European and anti-corruption protests in Kiev against former pro-Russian President Viktor Yanukovych were violently suppressed. Moscow tries to prevent Ukraine's turn to the West (Tamilina, 2022 Astrov et al. North Atlantic Treaty Organization (NATO) expansion and military development of the territory of Ukraine by the Alliance is also unacceptable to Russia. 1There are several keys and arguments, from the historical point of view, behind the Russian military intervention, where Putin questions the sovereignty of Ukraine and underlines the historical linkage of Russia with Ukraine.ĢThe Russian leader considers that Ukraine is not just a neighboring country, but an inalienable part of Russia's history, culture and spiritual space, and that modern Ukraine was created entirely by Russia (Kuzio, 2018).ģThe confrontation and tension between the two countries has been present since 2014.
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