German economists have calculated the possible losses from the - TopicsExpress

German economists have calculated the possible losses from the sanctions against the Kremlin in the case of escalation of the situation in Ukraine. Their conclusion: the West can afford to be assertive. “The economics of sanctions: the West can afford to show assertiveness,” is the name of the investigation published recently by the analytic center Deutsche Bank (DB Research). A group of experts of the biggest bank in Germany, led by its head economist David Wolkerst-Landau, calculated the possible losses from the economical sanctions against Russia, to which the European Union and the USA may resort in case of further escalation of the situation in Ukraine.

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