Submitted by Kevin Virgil of Emerging Frontiers
No Longer Quiet on the Eastern Front (Part 2)
This is the second of my three-part series that will explore the expanding fault line between the European Union and Russia, and the early stages of what I believe will eventually become known as the Second Cold War.
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In the first part of this series we discussed Greece and its ongoing negotiations with the European Union – particularly with Germany – and how the complicated history between these two countries makes it exceedingly difficult for the Greek people to accept the terms on offer from the EU. The financial media’s reporting on the Greek saga has become quite dramatic (at least in comparison to other financial dramas); it has become one of the more memorable economic conflicts in recent years.
This time we will turn our attention north, to a different kind of conflict. This one has also wrought economic devastation to a European country, but of a much higher intensity. It is the first civil war that the European continent has seen since the Balkan Wars of the 1990s, when the regional superpower of Yugoslavia was ultimately broken up amidst a series of separatist and independence movements. Today’s conflict will almost certainly result in a similar outcome for its host country.
I’m talking, of course, about Ukraine. Let’s take a closer look.
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