Exiled Russians hit by EU sanctions | The Bell

Exiled Russians hit by EU sanctions

Peter Mironenko
Peter Mironenko

Hello! This week we cover the exiled Russians being locked out of their bank accounts, and why it could fuel hostility towards the West among the liberal, anti-war, anti-Kremlin crowd.

Anti-Putin Russians in Europe caught up by latest sanctions

Since the EU introduced its latest packet of sanctions on Moscow last month, Russians living in the bloc have faced a new problem. Revolut, one of the most popular online banks, has started freezing the accounts of Russians that don’t have full permanent residence permits. Thousands of people have been affected, including those who have been waiting months for residence decisions and others who cannot get full status due to local immigration policies. The cases are red meat to Russian populists at home, who feast on the grievances of the mostly liberal, anti-Kremlin Russians who fled the motherland.

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The Bell was founded in 2017 by journalists Elizaveta Osetinskaya, Irina Malkova and Peter Mironenko as a news outlet independent from the Russian authorities, after its founders have been sacked as top editors at the largest Russian news website RBC because of pressure from the Kremlin.

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