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RE: LeoThread 2024-12-15 12:39

in LeoFinance4 months ago

Part 3/8:

Recent Developments in Abkhazia

After the breakup from Georgia, Abkhazia maintained a fragile autonomy but ultimately succumbed to Russian control during the 2008 Russo-Georgian War. Since then, Moscow's presence has significantly increased, with the region becoming economically reliant on Russian aid, trade, and tourism. However, over recent years, the dynamic has shifted as economic support diminished—Russian subsidies fell from $300 million in 2012 to only $140 million by 2020.