RESTRICTIVE MEASURES AGAINST RUSSIA: EU POLICY AND ROMANIA'S LEGAL IMPLEMENTATION

Abstract: This paper analyzes the set of sanctions imposed by the EU on its member countries' direct relationships with the Russian Federation, as a response to the military aggression against Ukraine. This paper presents a synthesis of restrictive measures taken in large domains, such as finance, energy, trade, and technologies, along with proposed direct targets and objectives, and their consequences. Besides, it will be seen the Romanian position on this set of measures, which means together with both the existent deficiencies of the national legislative and institutional background and the present context of reforms in this country. It will be about the efficiency of transposing these measures into legislation and about the institutional capability of applying and assessing their effects. Finally, a summary of the impact elements of these sanctions on Russia will be tried and so our answer regarding the results of such a kind of restrictive policies applied.    

Keywords: energy efficiency, EU energy policy, EU integrated national energy and climate plans (NECPs), European Union (EU)

JEL Classification: Q40, Q43, Q48