| The well-known military theorist Carl von Clausewitz once said that "War is a mere continuation of politics by other means." Now, to paraphrase Clausewitz, while the Minsk II cease-fire continues to hold in eastern Ukraine, Russia looks set to use its financial leverage over Ukraine as a "continuation of war by other means."
In December 2013, amid the ongoing Euromaidan demonstrations, Moscow promised then-Ukrainian President Viktor Yanukovych's government $15 billion to support Ukraine's economy. While government-to-government loans are common, Russia's initial disbursement to Ukraine was actually in the form of a two-year, $3 billion eurobond purchased by one of the Kremlin's sovereign wealth funds...............................................Full Article: Source |