May 15, 2014

Europe's Economic Iron Curtain

Leonid Bershidsky, Bloomberg

The Associated Press

Looking at Europe as an entity centered in Brussels does not provide the best view of the web of interdependencies born of Moscow's erstwhile role as the nexus of a huge region. Few people can correctly place all its countries on a map that stretches from the Chinese and Iranian borders to those of Italy. Politically, it may have been liberated in the last 25 years, but economically, it is still weighed down by its Soviet legacy.

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TAGGED: Ukraine, Russia, Eurozone, European Union, Europe

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