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Economic Cooperation of Russia and Greece during the Sanction Restrictions period and the Policies to Strengthen the Integration Process

Author

Listed:
  • N.G. Kuznetsov
  • I.I. Savvidy
  • N.D.Rodionova
  • E.S. Tsepilova

Abstract

The article is devoted to defining the economic cooperation between Russia and Greece in the context of the sanction measures and the ways to strengthen the integration process among the two countries. The authors analyze different economic cooperation measures between Russia and Greece as the subjects for this study. Firstly, they identified the reasons for the considerable elimination of Russian-Greek trade relations. Secondly, they presented a detailed description of a mutual economic cooperation scheme for the period 2014- 2016. Thirdly, they propose measures to stimulate economic cooperation between Russia and Greece. As a result of this research, the authors concluded that we should not expect a major breakthrough in the external economic cooperation between Russia and Greece in the coming years, at least, before overcoming the economic depression in the economies of the two countries and the complete removal of sanction restrictions between Russia and the European Union.

Suggested Citation

  • N.G. Kuznetsov & I.I. Savvidy & N.D.Rodionova & E.S. Tsepilova, 2017. "Economic Cooperation of Russia and Greece during the Sanction Restrictions period and the Policies to Strengthen the Integration Process," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 22-35.
    • Handle: RePEc:ers:journl:v:xx:y:2017:i:1:p:22-35
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    File URL: http://www.ersj.eu/repec/ers/papers/17_1_p2.pdf
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    References listed on IDEAS

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    1. Eleftherios Thalassinos, 2008. "Trends and Developments in the European Financial Sector," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2008(3), pages 44-61.
    2. Eleftherios Thalassinos & Theodoros Kyriazidis & John Thalassinos, 2006. "The Greek Capital Market: Caught in Between Poor Corporate Governance and Market Inefficiency," European Research Studies Journal, European Research Studies Journal, vol. 0(1-2), pages 3-24.
    3. Eleftherios Thalassinos & Theodore V. Stamatopoulos, 2015. "The Trilemma and the Eurozone: A Pre-announced Tragedy of the Hellenic Debt Crisis," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 27-40.
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    Cited by:

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    2. M.V. Chernyaev & T.F. Kreydenko, 2018. "Enhancing the Efficiency of Oil and Gas Complex as a Basis for Ensuring Energy Safety," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 516-529.
    3. Kristine Berzina & Ilze Medne & Marina Tsoy, 2017. "Tourism Enterprise Cooperation Specifics: Comparative Study of Riga and Novosibirsk Travel Agencies," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 974-988.

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