The Russian invasion The sanctions
European banks paid 9.3 billion to Russia
The banking sector in the West paid SEK 9.3 billion to the Russian treasury last year. This is reported by the Financial Times, which conducted a review of the largest European banks with operations in the country.
Tax revenue is four times as large compared to before Russia's war of aggression against Ukraine. The increase is due to rising profits for the banks in the region, among other things as a result of rising interest rates.
The banks that remain are an important channel for rounding off EU sanctions that exclude the country from the international payment system Swift, the newspaper writes.
More than half of the tax revenue comes from the Austrian RBI, Raiffeisen Bank International.
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European banks paid 9.3 billion to Russia
The banking sector in the West paid SEK 9.3 billion to the Russian treasury last year. This is reported by the Financial Times, which conducted a review of the largest European banks with operations in the country.
Tax revenue is four times as large compared to before Russia's war of aggression against Ukraine. The increase is due to rising profits for the banks in the region, among other things as a result of rising interest rates.
The banks that remain are an important channel for rounding off EU sanctions that exclude the country from the international payment system Swift, the newspaper writes.
More than half of the tax revenue comes from the Austrian RBI, Raiffeisen Bank International.
.......................................
The Russian InvasionThe Battles
Ukraine retreats – Russia tries to break through
Ukrainian forces have been forced to withdraw from three villages on the frontline, Politico reports. President Volodymyr Zelenskyy is now appealing to the outside world to speed up the deliveries of weapons and ammunition, so that Ukraine can hold its positions before Russia's expected summer offensive.
According to TT, Russian forces have made at least 70 attempts to break through the front near the city of Donetsk. There are fears that Russia is betting big to have successes to show for May 9, when the country celebrates Victory Day marking Germany's surrender in World War II.
Ukraine retreats – Russia tries to break through
Ukrainian forces have been forced to withdraw from three villages on the frontline, Politico reports. President Volodymyr Zelenskyy is now appealing to the outside world to speed up the deliveries of weapons and ammunition, so that Ukraine can hold its positions before Russia's expected summer offensive.
According to TT, Russian forces have made at least 70 attempts to break through the front near the city of Donetsk. There are fears that Russia is betting big to have successes to show for May 9, when the country celebrates Victory Day marking Germany's surrender in World War II.
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Russian invasion Death of Yevgeny Prigozhin
Wagnerian soldiers fight for Moscow after Priygozin's death
Seven months after the death of Wagner group leader Yevgeny Prizhgozin, thousands of soldiers from the private army are now fighting under the command of the Russian military, writes Politico.
According to US sources, the Wagner soldiers have split into at least four new groups, mixing with other mercenaries loyal to the Putin regime. The aim is to prevent another uprising similar to the one staged by the Wagner forces last year.
The new groups are already deployed in, among other places, Ukraine and in various countries in Africa. Much about them remains unclear, including how big a role Yevgeny Prijgozin's son plays. He initially took control of the forces after his father's death.
Wagnerian soldiers fight for Moscow after Priygozin's death
Seven months after the death of Wagner group leader Yevgeny Prizhgozin, thousands of soldiers from the private army are now fighting under the command of the Russian military, writes Politico.
According to US sources, the Wagner soldiers have split into at least four new groups, mixing with other mercenaries loyal to the Putin regime. The aim is to prevent another uprising similar to the one staged by the Wagner forces last year.
The new groups are already deployed in, among other places, Ukraine and in various countries in Africa. Much about them remains unclear, including how big a role Yevgeny Prijgozin's son plays. He initially took control of the forces after his father's death.
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