The Kremlin’s Financial Octopus in Hungary – The International Investment Bank and Strategic Power Projection in Central-Eastern Europe


This report analysis the case of the International Investment Bank and strategic power projection in Central Europe. The International Investment Bank’s presence in Hungary, where it has been headquartered since 2019, is a sign of the Kremlin’s increasing “hybrid” or strategic power projection efforts reliant on both secret service activities and close ties between the Russian elite and European economic or political decisionmakers to counteract the sanctions regimes following the annexation of Crimea.

The full report is available here (pdf).