The “naive” West should realize that security comes at a price, Danish Prime Minister Mette Frederiksen says EU nations must prioritize defense spending by carving out money from social programs to deter Russia amid the Ukraine conflict, Danish Prime Minister Mette Frederiksen has argued.
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Operations will be referred to external banking partners, Gazprombank chairman says Gazprombank will cease operations in Switzerland after “a strategic review of various options,” Chairman of the Board of Directors, Ivan Dun, said in a statement on Monday.
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Germany is weighing the prospect of expropriating or nationalizing local subsidiaries of Russian energy majors Gazprom and Rosneft due to concerns over energy security amid anti-Russia sanctions and Moscow’s demand for gas payments in rubles.
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