The Russians Are Here

August 2nd, 20093:49 pm @

3


The Russians Are Here

I am trying to find Eva Joly´s open letter which she published in Morgunbladid this weekend in English somewhere. It is a brilliant letter even though the assistant of Johanna Sigurdardottir asked her to stick to things that were her speciality instead on his Facebook page.

One of the suggestions Joly makes is the interest of Russians in Iceland. She states that if the UK and Dutch governments, the EU and the IMF don´t actively seek solutions for Iceland then there will be an exodus and those left behind will be at the mercy of those who will still want something to do with the country.

This is no imaginary scenario. Since last year, prominent Russian businessmen and investors have been frequent visitors to Iceland, assisted by some of the wealthiest Icelanders who not only see possibilities in selling their assets, mainly land and buildings, and gaining some powerful friends.

So don´t wonder when Russian oligarchs will step ashore with big pockets and great ambition. They are already here.

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