Posts Tagged ‘merkel’

04
March 2013

Russian mob money ‘bolsters Cyprus’

Sunday Times

YOU can buy a mink coat or rent a Ferrari at the click of a finger. Many of the street signs are in Russian and so are some of the radio stations. Welcome to “Limassolgrad”, as the locals have taken to calling their town on the Mediterranean island of Cyprus.

It may be the southernmost town in the EU, but Limassol’s popularity among Russians puts it high on the agenda for finance ministers meeting in Brussels tomorrow to work out how to prop up Cyprus’s rickety banking system with the latest eurozone bailout.

With only 1m inhabitants, tiny Cyprus poses a giant dilemma for the overlords of the EU: Russian mobsters are believed to have deposited so much money in its banks that suspected money launderers might become big beneficiaries of the bailout.

Yet asking depositors to carry some of the burden, an idea being promoted by the Germans and Finns, could trigger a run on the banks and rekindle the sovereign debt crisis by undermining trust in the euro.

Underwriting a suspected money-laundering hub could prove just as disastrous for Angela Merkel, the German chancellor. The last thing she needs is accusations of rescuing the Russian mob as she prepares her campaign for re-election later this year.

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18
November 2012

Garry Kasparov: Right On, Angela Merkel

The Daily Beast

The German chancellor tussled with Putin over his human-rights record. Good for her, opposition leader Garry Kasparov tells Eli Lake—but the West must offer more than just talk.

Chess master and Russian opposition leader Garry Kasparov praised German Chancellor Angela Merkel for her denunciation of the Russian government’s human-rights record, but he said she must go further than public statements.

Kasparov provided a statement to The Daily Beast following an awkward public confrontation in Moscow between Merkel and Russian president Vladimir Putin in which Merkel singled out the Kremlin’s harsh sentence of two years in a labor camp for a member of the protest punk rock group Pussy Riot.

“Our friendship won’t be better, our economic cooperation won’t be better, if we sweep everything under the carpet and only say when we’re of a single opinion,” Merkel said to Putin on Friday.

Kasparov, who himself was arrested and beaten for protesting the trial of Pussy Riot, told The Daily Beast, “I am always happy to see a western leader bringing up human rights to Putin, especially to his face in Moscow. I was beginning to think the breed had gone extinct. Chancellor Merkel’s words are welcome, but unless they are followed by action they will be taken by Putin and his gang as just another sign that even when the West actually talks about repression it means nothing, and that it’s all still business as usual.”

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06
June 2012

Putin Opens a New European Offensive and Plays Hard-Ball with US

Jamestown Foundation

The Russia-EU summit that takes places today (June 4) in Strelna outside St. Petersburg was pre-scheduled as a routine event without any significant predicted achievements. But President Vladimir Putin did not want to start his new term at the helm of Russia’s foreign policy in such a boring way (Kommersant, June 2). In order to add more symbolism and intrigue, he paid his first official foreign visit to Belarus last Thursday and then proceeded with two blitz-visits to Germany and France (RIA Novosti, Nezavisimaya Gazeta, June 1). This activity was supposed to compensate for his decision not to attend the G8 summit at Camp-David two weeks ago and for Russia’s absence from the NATO summit in Chicago. It also marked the tenth anniversary of Putin’s visits to Berlin and Paris that formed the “triangle of old Europe,” which took a firm negative stance against the US intervention in Iraq (Gazeta.ru, May 31). No lasting rapprochement came out of that moment of unity, but for Putin it remains one of his cherished triumphs.

The visit to Minsk served to demonstrate more than just that the Russian-Belarusian integration project remains on track despite protracted quarrels and less than ideal personal chemistry (Kommersant, June 1). Putin brought some fresh aid to the struggling neighbor despite Belarus’s broken promises of letting Russian companies partake in its privatization program. Additionally, the Russian president effortlessly established that Belarus remains a legitimate member of the European family of nations despite the objects being raised in the West against the authoritarian habits of President Alyaksandr Lukashenka (Moskovskie Novosti, June 1). This cordiality sent a signal to Ukraine that a compromise on gas prices is possible – and that its political price would not be that heavy, particularly since the EU pays no attention whatsoever to Kiev’s desperate pleas to receive assistance (Nezavisimaya Gazeta, June 1).

Putin’s intentions in France and Germany were far more serious than just getting acquainted with President Francois Hollande and re-introducing himself to the far-from-smitten Chancellor Angela Merkel. His overwhelming concern is about Gazprom’s retreat in the European market, where the volume of its gas deliveries contracted by as much as 20 percent in the first four months of 2012, compared with the same period a year ago (RBC Daily, May 30). Putin cannot grasp the paradox of the arrival of the “golden age of gas” that has turned energy export from a major political asset into a bad headache, thanks first of all to the “shale gas revolution” in the United States (Gazeta.ru, May 25). As the oil price goes south, Russia’s stock market cannot find a bottom. This denies Putin the advantage of a solid economic base in his attempts to exploit opportunities emerging out of the divisive euro-zone crisis (Newsru.com, May 30). Seeking to camouflage this weakness, Putin plays the few cards he presumes are his trumps to maximum effect, including Russia’s special position on the civil war in Syria.

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13
January 2011

Russian commentary calls for Western sanctions over Yukos trial

Nezavisimaya Gazeta

“Rescuing the drowning: Weakness of our civil society makes the state of rights and freedoms in Russia highly dependent on West’s influence”

One of the important factors in the second Yukos case was the reaction of Western countries to the trial in the Khamovnicheskiy court. Russian human rights activists who followed the case closely were hoping that the influence of the G7 leaders would be a limiter on judicial tyranny.

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