Ukraine Crisis Seen Lasting for Years in Threat to Russia

The conflict in Ukraine will take years to resolve, rattling Russia’s investment climate and threatening to push its economy into recession at the current level of sanctions, former Finance Minister Alexei Kudrin said.

“It’s no quick task to resolve the situation in the southeast of Ukraine,” Kudrin said today at a conference organized by the American Chamber of Commerce in Moscow. Finding a solution will require two to three years “at a minimum” under what he called an “optimistic scenario.”