“The trigger has been pulled. After months of great hesitation, the EU decided on Tuesday to impose economic sanctions against Russia. It is the beginning of a protracted trade war with major financial implications”, writes De Volkskrant. The Dutch newspaper thinks “the EU had no other possibility”: the downing of the Malaysian Boeing MH17 on July 17 by a Russian missile was the “proverbial gamechanger”. The sanctions package is possibly just the beginning of a trade war that can take years. The arms embargo on China for exemple goes back to 1989. De Volkskrant adds that —
for the relatives of flight MH 17’s passengers, time might be standing still for the moment; things are different for companies who have to deal with the sanctions. For them, time is money.
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