This study addresses Russian hybrid threats in the Western Balkans in the context of the ongoing European integration process. Two countries were selected for this purpose: Bosnia and Herzegovina and Serbia. This study is based on field research conducted in Sarajevo, Novi Sad and Belgrade in...

This short paper examines the effect of financial sanctions at the most disaggregated level possible, individual bank accounts. Using data from the Eurosystem's real-time gross settlement system TARGET2, we provide empirical evidence that sanctions imposed by the European Union on Russian banks...