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About Berlin

Berlin is Germany's capital and largest city, with a population of approximately 3.7 million in the metropolitan area. The city serves as the seat of the German federal government and has played a central role in European responses to Russia's full-scale invasion of Ukraine since February 2022. Berlin hosts major diplomatic meetings on Ukraine policy, coordinates significant military and financial aid deliveries, and shelters over 100,000 Ukrainian refugees who fled the war.

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The broad consensus among Russia-watchers is that the country is facing a prolonged bout of stagflation. Growth this year is unlikely to exceed 1%, and inflation is still stuck at 6% (or more). Moreover, the most promising option for reviving the economy is the least likely to be pursued, because it requires President Vladimir Putin's willingness to end the war in Ukraine. The downside risks are legion. Russian troops have barely advanced in Ukraine this year, and Russia cannot spend more on i

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