beyondukraine.euandrussiainsearchofanewrelation
beyondukraine.euandrussiainsearchofanewrelation
beyondukraine.euandrussiainsearchofanewrelation
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Conclusions. What Policy Actions for the EU? 113<br />
issue would help rebuild at least some level of trust. In a nutshell,<br />
as Luca Ratti maintains in chapter 3 “… there will certainly not be<br />
a secure continent without a comprehensive reconciliation with<br />
Russia”.<br />
Such a comprehensive reconciliation must inevitably take into<br />
account the historical sensitivity of Eastern European countries<br />
towards Russia – with special attention to Poland’s, as highlighted<br />
by Stepan Bielanski in chapter 4 – but without jeopardizing the<br />
necessary strategic cooperation with Moscow. In the last two<br />
years, indeed, a kind of unofficial coalition including not only<br />
Poland and the Baltic States, but also Russoskeptics in Britain,<br />
Sweden, and other countries has influenced the EU’s attitude<br />
toward Russia. However Germany too, and consequently other<br />
states of “Old Europe”, have taken a tougher stance vis à vis<br />
Moscow. A more balanced approach is probably needed to support<br />
the EU’s economic and strategic interests.<br />
On the other hand, despite the strategic importance of acquiring<br />
the Crimea and great domestic support for it, Putin too should feel<br />
strongly motivated to get out of today’s trap of political isolation<br />
and the progressive economic decline of his country. One should<br />
note that this economic decline does not primarily stem from the<br />
Western sanctions or the recent fall of oil prices. Russia’s<br />
economy is overly dependent on exports of raw materials and still<br />
awaits deep structural reform. It is vital for Moscow to restart and<br />
invest in the partnership with Europe and the West, also with the<br />
view to modernizing its economy.<br />
Clearly, the current crisis between Russia and the West has<br />
wide-ranging geopolitical implications. Faced with political and<br />
economic pressures from the US and the EU, Russia is<br />
increasingly tilting towards China. However, as the balance of<br />
power between China and Russia continues to shift in favor of the<br />
former, Moscow risks becoming a junior partner of Beijing.<br />
A deep and long-term alienation from Russia may turn out to<br />
be dangerous for both the US and the EU. Indeed, Sino-Russian<br />
economic integration and political alignment may force the EU to