Topic - Lilit Gevorgyan

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Quotations
  • "Russia is not totally invincible and in some ways the damage is already done," with its economy suffering for the foreseeable future, said Lilit Gevorgyan, European economist for IHS Global Insight.

    Russia's price to pay: Investor exodus not sanctions threatens country →

  • "To inflict immediate economic pain on Russia, EU and U.S. have to impose far more serious economic and energy embargoes, cancel large contracts, freeze assets of a whole range of state-run Russian commercial entities, and target far more government-linked business people over a sustained period of time to send the Russian economy into dramatic decline, wiping away the wealth of the country's business brass," she said.

    Russia's price to pay: Investor exodus not sanctions threatens country →

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