1、IN-DEPTH ANALYSIS EN Economic Governance Support Unit(EGOV)Directorate-General for Internal Policies PE 699.542-17 June 2022 Economic repercussions of Russias war on Ukraine Weekly DigestThis paper provides a summary of recent economic,financial and budgetary decisions and developments following Pre
2、sident Vladimir Putins decision of 24 February to start a military attack against Ukraine.It includes recent information relating to the EU sanctions regime,recent economic estimates,and policies supporting economic and financial resilience,including the coordination of national economic and fiscal
3、measures.It also highlights policy recommendations made in the public domain to mitigate any adverse economic,financial and social effects and to support economic recovery in the EU and the Euro Area.1)Latest OECD economic outlook Estimates on the effects on fossil fuel embargo According to the late
4、st OECD economic forecast and its input-output approach taking into account economy-wide dependency ratios on Russian imports for each of the three different fossil fuels(coal,gas and petroleum products),a sudden stop in all imports of fossil fuels from Russia would affect all sectors AdobeStock Pub
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