The study was conducted within the framework of the “Ideas for Russia” project.
Overall project oversight was conducted by Zhanna Nemtsova, co-founder of the Boris Nemtsov Foundation.The study’s academic supervisor is Anna Kuleshova.
None of the researchers who worked on the study have any frozen assets.
Overall project oversight was conducted by Zhanna Nemtsova, co-founder of the Boris Nemtsov Foundation.The study’s academic supervisor is Anna Kuleshova.
None of the researchers who worked on the study have any frozen assets.
EU and U.S. sanctions imposed on the key elements of the Russian financial infrastructure as a response to Russia’s war of aggression against Ukraine have led to the freezing not only of state-owned assets and those belonging to Russian oligarchs, but also of the private funds of millions of individuals — clients of the Russian financial infrastructure. Personal savings of ordinary people have been blocked: pension funds, education savings, money for medical treatment, and other essential life goals. However, in the European public discourse, this category of affected individuals — those who lost access to their savings without any connection to the political regime — remains virtually invisible.
The main goal of this study is to examine how the EU and U.S. sanctions imposed on Russia since February 2022 have resulted in the freezing of private funds belonging to millions of individuals, as well as to identify the marginalization of these affected groups within European public discourse.
The main goal of this study is to examine how the EU and U.S. sanctions imposed on Russia since February 2022 have resulted in the freezing of private funds belonging to millions of individuals, as well as to identify the marginalization of these affected groups within European public discourse.
