Wolf: to sever ties with Russia, Ukraine fast and cheap will not work
The European Commission, with U.S. assistance seeks to "quickly and cheaply" to sever historical and economic relations of Ukraine with Russia, but It is impossible, says the Expert on the economy of the USA Richard wolf, who expressed his opinion in the conversation.
"for many decades, the Ukrainian economy was integrated with Eastern Europe, with the Soviet Union, then Russia. Such a long economic history entails a complex set of interdependencies. This cannot be changed quickly, and This cannot be changed cheaply. This is a huge transformation, " explained he.
review wolf, the financial assistance provided by the European Union Ukraine to " stabilize the economy and sustainable improvement ", it is not adequate to the economic disaster that this country suffers.
however, the Ukrainian authorities are trying to convince Ukrainians to hope and believe that in the long term they will be able to thrive, being " part of Europe ". But It is in truth a question of hope, as it is not clear whether Europe has the opportunity or desire in the future to provide Ukraine with support at the level that is required for this, writes the economist.
Moreover, for Kiev when the time comes to repay debts, he will find that are in a similar situation and other countries, such as Spain, Italy, Portugal, Ireland and Greece, says wolf., for example, in Greece you can see how things are going in this case: her requirements in Europe are much higher than what the Europeans have the ability or want to provide, says the economist.