Three months after Russia invaded Ukraine, many ordinary Russians are reeling from unprecedented Western sanctions and the exodus of many international companies. One expert says a summer of economic misery could be coming for Russians.
But fleeing had become much harder than it once was — the European Union’s 27 nations, along with the United States and Canada had banned flights to and from Russia. The Estonian capital of Tallinn, once an easy long-weekend destination 90 minutes by air from Moscow, suddenly took at least 12 hours to reach on a route through Istanbul.
The psychological cost of the repressions, restrictions and shrinking opportunities could be high on ordinary Russians, although difficult to measure. Although some public opinion polls in Russia suggest support for the Ukraine war is strong, the results are likely skewed by respondents who stay silent, wary of expressing their genuine views.
But in terms of economic activity, “that’s a completely different story,” said Chris Weafer, a veteran Russia economy analyst at Macro-Advisory.
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