48 Europe TheEconomistMay14th 2022
take over part of Ukraine’s allocation of
special drawing rights at the fund, in effect
channelling hard currency to the govern
ment in Kyiv. But the end result of all these
appeals is that, for the second quarter of
this year, Ukraine has so far totted up
grants totalling only about $4.5bn, against
a fiscal shortfall of $15bn.
This is not sustainable, admits Mr Mar
chenko, who fears that if the war lasts more
than another “three or four months”, pain
ful measures will be needed, involving
huge tax rises and swingeing spending
cuts. The real fear is that what has become
in recent years a fairly marketdriven, free
wheeling economy might see a wave of na
tionalisations, undoing years of hard
fought progress.
An even more immediate problem is al
ready, literally, sprouting.Acrossthecoun
try, the sowing seasonforthisyear’scrop
of wheat, barley,sunflowers(foroil)and
other grains andstapleshasbeencomplet
ed. Astonishingly,roughly80%oftheusu
al crop has goneintotheground,some
times planted bybravefarmers wearing
bulletproof vests.Butwhattodowithit?
Harvesting shouldbe nogreatproblem,
since the frontlineshavebeenpushedback
and Russia looksunlikelytomakefurther
gains. The hardpartisshippingthestuff
out of the country.
The presenceoftheRussiannavyinthe
Black Sea, as wellasthedefensivedeploy
ment of mines byUkraine’snavy,means
that Odessa, Ukraine’s principalport, is
shut down completely.Thesamegoesfor
its second and thirdports,locatednearby.
Berdyansk and Mariupol,thefourthand
fifth, are underRussiancontrol.Norcan
much grain be stored;thecountry’sgrain
silos are mostly fulloftherecentlyharvest
ed winter crop, which would normally
have been sent abroadbynow.
Mustafa Nayyem, aformerjournalist
and protester turnedUkraine’sdeputyin
frastructure minister,isinchargeofsolv
ing the problem.Ifthegraincannotgetout
by sea, it will havetotravelbyroadandrail,
via Poland, RomaniaandHungary.Butpro
blems abound, hesays.Theroadscannot
handle that muchheavytraffic;thealter
native ports havelimitedsparecapacity.
Worst of all,crossingUkraine’sfron
tiers with the euisarduous.Customsand
phytosanitary checksarealreadycausing
10km tailbacks atentrypoints.Theclub’s
rules say that, sinceUkraineisnota mem
ber, only a limitednumberofitslorriescan
enter. Bureaucracy is gumming up the
works, and unlesstheyareunblockedUk
raine, Europe andindeedtheworldwill
face severe food shortagesaftertheharvest
in September. “Weneedeverycountryin
Europe to allowfreeaccesstoourtrucks,”
says the minister.“Theydon’tseemtoun
derstand the sheeramountofwheatthatis
about to hit them.”n
Russia
Putin’s parade
T
heruleofVladimirPutin,aformer
kgboperativeturneddictator,restson
lies,violenceandmilitarism.AndonMay
9th, thedaymarkingtheSovietUnion’s
victoryinthesecondworldwar,allthreeof
thosetraitswereparadedonMoscow’sRed
Square.MrPutinhaslonghijackedthevic
toryoverNaziGermanyandbuiltitinto
somethingresemblingareligiouscultto
servehisregime.Nowheisinvokingitas
hefightshiswaragainstUkraineandany
oneinsideRussiawhostandsinhisway.
AsBenWallace,theBritishdefencesecre
tary,saidinaspeechofhisownonthe
sameday,MrPutinandhisgenerals“are
nowmirroringthefascismandtyrannyof
77 yearsago...resplendentintheirmani
curedparadeuniforms,weighteddownby
thegoldbraidandglisteningmedals.”
JustastheNazisjustifiedtheirunpro
vokedattacksonPolandin 1939 andtheSo
vietUnionin 1941 byclaimingtobeacting
inpreemptiveselfdefence,sodidMrPu
tinclaiminhisspeechattheparadethat
Russiahadlauncheda preemptivestrike
againstUkraineandnato. “Anabsolutely
unacceptablethreattouswassteadilybe
ingcreatedrightonourborders...[theinva
sion]wasforced,timelyandtheonlycor
rectdecision.”
Theparadewasmorenotableforitsab
sencesandomissionsthanforitspageant
ry.Thereducednumberoftroopsmarch
inginRedSquareshowedthelackofspare
capacity. The usual airforce flypast was
scrapped.Ostensiblythatwasbecauseof
lowclouds,butsomeintelligencesources
suggesteditwasreallybecauseofsecurity
concerns.Alowflyingmilitaryplanebe
ingshotdownbya StingermissileoverRed
Squarewouldnothavemadegoodpublici
tyfortheregime.Suchconcernswouldnot
beoutlandish.Aseriesofmysteriousfires
andexplosionshavestruckstrategicsites
acrossRussiainrecentweeks.Thelatest
occurredonMay1stata militaryplantin
Permin theUrals,where propellantfor
GradandSmerchmissilesismade.
AlsomissingfromtheparadewasVale
ryGerasimov,thechiefofthegeneralstaff.
Russia’stopsoldierwasspottedonMay1st
nearIzyum,thesiteofthefiercestfighting
ineasternUkraine,andhasnotbeenseen
since.Ukrainianintelligencesourcesbe
lievehewaswoundedthere.Butperhaps
themostnotableabsencefromtheVictory
Dayparade was the victory itself. After
morethantwo months offighting even
Mariupol,a portcitythathasbeenpound
edbyeveryconventionalweaponimagin
able,isnotentirelyinRussia’shands.
Havinglostmoremenandequipment
intwomonthsthantheSovietUnionlost
inthetenyearsofitswarinAfghanistan,
MrPutin,anageingdictator,cuta defen
siveandfrustratedfigure,asthoughtrying
tomakeexcusesforwhatmaywellrankas
the biggestmilitary blunder in Russia’s
history.Hisfinal“ForRussia!ForVictory!
Hurray!”seemedstrangelydownbeat.
ButthisdoesnotmeanMrPutinwillbe
stoppingsoon.Ashelaidflowersona se
riesofwarmemorialsandfireworkdis
playslittheskiesoverRussiancities,the
skiesovercitiesacrossUkrainewerelitup
byRussianmissiles.AlthoughRussianow
controlsthemajorityoftheeasternDon
bas region, its offensive to take the rest of it
is proceeding slowly. A Ukrainian counter
offensive around Kharkiv has almost
pushed Russian forces back over the bor
der there, showing that Russia’s grip on its
newly acquired territory is precarious.
Ukrainian forces, newly confident, are
also hoping to liberate Kherson province,
TheVictoryDaythatwasn’t
→ BAFTA award
Fearless:thewomenfightingPutin,
a co-productionbetweenThe Economist
andHardcashProductionsforitv, has
wonthebafta for best current-affairs film.
It was filmed and directed by Sarah
Collinson of Economist Films