Budapest – Welcoming Gateway to Europe for Russian Bank

The management board of the Russian-led International Investment Bank (IIB) held its first meeting in its new headquarters, Budapest, this week. The move of IIB from Moscow to Budapest has been controversial since it was announced: experts, historians and the media have been worried that the bank would be a tool for the Kremlin to plant spies in the EU or launder money – which both IIB and the Hungarian government denied several times, claiming that it was a regular international bank. … Continue reading Budapest – Welcoming Gateway to Europe for Russian Bank