Contents tagged with Finland

  • Recent Putin and Trump meeting costs Finland €1.7 million more than expected

    The expenses for a summit between Russian President Vladimir Putin and US President Donald Trump increased from €4 million to €5.7 million, following amendments to the country's budget for 2018, according to an update posted to the Finnish government’s website.

    The expenses include the remuneration of police, border guard, defense forces and the Ministry of Foreign Affairs. The message did not specify what allocations each department received or whether they were increased.

    In July 2018, …

  • Russian tycoon Rotenberg files lawsuit against Scandinavian banks for failure to provide service because of sanctions

    Representatives of the Swedish banks Svenska Handelsbanken and Nordea, the Danish bank Danske Bank and their Finnish divisions have confirmed to the Finnish broadcasting corporation Yle that Russian businessman Boris Rotenberg filed lawsuits against them and accused them of violating their obligations.

    In early October, Rotenberg filed lawsuits against these banks and the Finnish OP Corporate Bank with the Helsinki District Court. The businessman alleged that the banks violated service …

  • Media: Russia might be preparing for military operation in Finland

    Russian authorities might be preparing for a military operation on the Turku archipelago in Finland, writes Iltalehti news, citing a military expert. According to the source, there are bunkers on the archipelago where Russia could store weapons and ammunition. This territory will have strategic meaning for Moscow in the event of conflict with NATO. 

    The expert believes that in the event of war in the Baltic Sea, Russia would have to block shipping and aviation to prevent supplies from reaching …

  • Russian arrested in Finland on money laundering charges

    A Russian citizen was detained in Finland on a money laundering charges, RBC news agency reports, citing Natalia Vezhlivtseva, the press attaché of the Russian Embassy.

    "The Consular Department of the Russian Embassy in Finland has been duly notified by the Finnish police of the detention of a Russian citizen, whose identity is not disclosed in the interests of the investigation,” she said.

    The press attaché said that the Russian Embassy in Finland remains in touch with the police. She added …

  • Finland conducts police sting operation against suspected Russian-backed money launderer

    On Saturday, Finnish authorities began a large-scale police operation that included a search and seizure of property of a Finnish-registered company believed to be involved in money laundering. Yle news agency reported that over a hundred representatives of law enforcement agencies were involved in the special operation in the Turku archipelago and in the Varsinais Suomi (region of southwest Finland).

    During the operation, police searched ten locations, the homes and offices of the company’s …

  • Finnish president: Finland not ready to join NATO yet because of Russia's position

    At this stage, Finland does not consider the prospect of joining the North Atlantic alliance, President Sauli Niinisto said in an interview with Frankfurter Allgemeine Zeitung. According to him, Moscow "made it clear" that if Finland joins NATO, it will "see it as an enemy."

    "The Russians made it clear that when they look at us across the border, they see Finnish people." If we join NATO, they will see us as enemies. That is their position, "explained Niinisto. He added that joining the …

  • Russia begins construction of Nord Stream- 2 in the Gulf of Finland

    On Wednesday, September 5, Russia started construction of the Nord Stream-2 gas pipeline in the Finnish waters of the Gulf of Finland reported the press service of Nord Stream 2 AG.

    The Vessel Solitaire is carrying out the work. Pipes are welded together on the board of the vessel, after which the pipeline is lowered to the seabed. Russia plans to conduct the laying of pipes round the clock.

    The pipe layer ship will first lay part of the pipeline in the Finnish exclusive economic zone and …

  • Macron proposes to reset relations with Russia

    During a visit to Finland, French President Emmanuel Macron said that "a full renewal" is needed in relations with Russia. 

    "I believe that we need a complete renewal of our relations with Russia set at the end of the Cold War. Our actions - both on the one hand and on the other - sometimes involve mistakes or misunderstandings that we inherited from the last two decades and that prevent us from making the right conclusions, "said Macron at a news conference with the Finnish President in …

  • Putin invites the president of Finland for a ride on his yacht

    After the official part of talks by both sides, Presidents of Russia and Finland, Vladimir Putin, and Sauli Niinisto continued the conversation in an informal atmosphere: the Russian leader invited his Finnish colleague to take a boat trip on the presidential yacht Chaika, reports Interfax.

    According to the agency, the presidents departed on the yacht from the port of Sochi to the marina in the Imereti Lowlands. Their conversation was in English without the use of an interpreter.

    The official …

  • Ukrainian Ambassador believes Finland will deport Russians who entered the country with passports issued in Crimea

    Two residents with international passports issued by annexed Crimea received Finnish tourist visas and were allowed to enter the country because human error, Radio Liberty reports, citing a statement from the Ukrainian Ambassador to Finland, Andriy Olefirov.

    “It seems to me that these residents were allowed to travel to Finland on a tourist visa because of human error. Up to a million Schengen visas are issued at the consulates in St. Petersburg every year. Of course, there’s no law that …