EN|RU|UK
 World
  18938
Related materials:

 Sanctions reinforce Putin’s narrative that Russia is the victim of a Western or Anglo-Saxon plot, Soros says

George Soros believes that if Ukraine prospers while Russia declines, no amount of propaganda will be able to conceal that Putin’s policies are to blame.

The sanctions imposed against the Russian Federation must be coupled with a political commitment by Ukraine's allies to do whatever it takes to enable the country not only to survive, but to succeed in implementing far-reaching political and economic reforms, despite the implacable opposition of Russian President Vladimir Putin, George Soros writes in the article for Project Syndicate, Censor.NET reports.

"Sanctions, though necessary, are harmful not only to Russia but also to Europe's economy. By contrast, enabling the Ukrainian economy to flourish would benefit both Ukraine and Europe," the well-known philantropist writes.

Read more: Soros ready to invest $1 billion in Ukraine

"Even more important, sanctions by themselves reinforce Putin's narrative that Russia is the victim of a Western or Anglo-Saxon plot to deprive it of its rightful place as a great power equal to the United States. All of Russia's economic and political difficulties, the Kremlin's propaganda machine argues, have resulted from Western hostility," he writes.

"The only way to counter this narrative is to combine sanctions with effective support for Ukraine. If Ukraine prospers while Russia declines, no amount of propaganda will be able to conceal that Putin's policies are to blame. Unfortunately, Europe's leaders have chosen a different course. They treat Ukraine as another Greece: a country in financial difficulties - and one that is not even a European Union member state. This is a mistake. Ukraine is undergoing a revolutionary transformation, and the current government is probably the one best able to deliver radical change," George Soros insists.Read more: EU extends economic sanctions against Russia until the end of 2016

According to the business magnate, if Ukraine fails, the EU would have to defend itself. The cost, in financial and human terms, would be far greater than the cost of helping Ukraine.

 
 
 
 up