Rising tensions between Russia and Ukraine boiled over on February 24, 2022, as Vladimir Putin launched what the Kremlin called a “special military operation” in Ukraine. This blatant attack on Ukraine’s sovereignty sent political shockwaves across the planet, upending international markets, and triggering panic throughout Ukrainian society. In the year since, the war has claimed tens of thousands of lives and caused nearly eight million Ukrainian civilians to flee the country to find shelter in the rest of Europe while devastating Ukrainian infrastructure and wrecking the country’s economy. Thus, the war in Ukraine has been a catastrophe for Ukraine and a crisis for Europe and the world.
Beyond the borders of Ukraine, the global economy has been destabilized due to the war, and economic insecurity has become widespread. The effects of the war have hit the world as a second major shock following the COVID-19 pandemic, threatening economic recovery. In addition, the war and the sanctions imposed on Russia have caused a significant increase in prices for many raw materials, energy, intermediate goods, and transportation services, particularly affecting fuel and gas costs throughout Europe. The economic and international repercussions of the Ukraine war have dramatically changed European politics. It has also affected public opinion and created new constraints and opportunities for political actors across the spectrum, both within and outside the mainstream.