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London - Russia's elite love to spend their money in EU capitals (Photo: doug88888)

EU should target Russia's big spenders

Vladimir Putin has succeeded in returning to the Russian presidency despite several tumultuous months of anti-regime protests, but his rule is likely to be entering its final phase.

Many of those who view Putin's regime as illegitimate do so because of electoral fraud and rampant corruption, and the protest movement has demanded a more European Russia: clean elections, an end to the Putinist monopoly on power and a halt to rampant graft.

There is, however, next to nothing the We...

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