Christopher Dent, a professor of economics and international business at Edge Hill university’s business school, says the Russian president’s best efforts to cause the kind of devastation needed to subdue Kyiv, Volodymyr Zelenskyy and Ukraine’s population have failed, making Ukraine the better bet for an investor should the war end.
Liam Peach, a Russia expert at the consultancy Capital Economics, says the Trump/Putin talks are on a course that would probably lack sufficient security guarantees for Ukraine, increasing the likelihood of the conflict reigniting at some point in the future.
As the invasion enters its fourth year, analysts are examining the health of Ukraine and Russia, and who will be the better prospect for investors once the conflict ends.
However, inflation figures released either side of the border showed the continued toll the conflict has had on citizens of both countries – with price rises running at 9.5% in Russia and 12% in Ukraine.
“This reflects Ukraine’s growing role in the European super grid,” Dent says, with exports of electricity sent mainly to Moldova, Hungary and Romania.