Russian influence hits European economy
By Joseph Farah
Just as Russia is broadening its influence in Europe by buying up more oil and gas sites whose owners are eager to bring in much needed cash, now Moscow is bringing Russian state-controlled banks to Europe.
Now that Moscow has more cash due to increased oil and natural gas prices, it will seek to get more involved in Europe’s energy and financial infrastructure during this time of economic crisis.
In addition to energy and financial institutions, sources see the Kremlin eager to put investments into Europe’s airports and seaports, which are being sold at low prices these days.
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