I think you are right. In the long run, Russia has more to lose. The question is, can the euroweenies hold out for the long run, or even 3 days?
The question is, can the euroweenies hold out for the long run, or even 3 days?
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No. I’d bet on them caving at the first sign of a cold snap.
EU sanctions against Russia delayed for now..
EU ambassadors meet again to discuss the issue on Wednesday.
Jacek Saryusz-Wolski, a Polish centre-right MEP, said: Either this agreement on ceasefire is respected or there will be further escalation on the EU side in terms of sanctions........If implemented, the measures would target Russian state-owned oil firms and defence contractors.
Russia has warned of retaliation if any further sanctions are implemented.
http://www.euronews.com/2014/09/09/eu-sanctions-against-russia-delayed-for-now/
Prime Minister Dmitry Medvedev has warned Russia may shut its air corridors to Western airlines if the next round of European sanctions hit Russian energy companies.
If there are sanctions related to the energy sector, or further restrictions on Russias financial sector, we will have to respond asymmetrically, Medvedev said in an interview with the Vedomosti newspaper, published on Monday.
In the long run, Russia has a strategic goal to be 100% self sufficient.
This only plays to their goals.
Now, it may break them, but they are not doing this in a huff. It plays to their goals.