The current trajectory of the Russian regime is unstable and without dramatic change it will crumble within the next year. In Putin’s downfall: The coming crisis of the Russian regime Nikolay Petrov argues that Russia’s political regime is unsustainable and lacks capacity to reform in the face of economic turmoil. Petrov asserts that the Russian regime has only two ways out of its coming crisis. It can either reconcile with the West or change leader. Both options come with their own risks. How likely are they to succeed? Speaker: Nikolay Petrov, ECFR Visiting Fellow. Chair: Jeremy Shapiro, Research Director at ECFR.