April 14, 2025

Finn-ancial Crisis?


Finn-ancial Crisis?
Finnish and Russia border posts glare at each other. The Russian Life files

On April 11, the parliament of Finland unanimously enacted a law that prevents Russian citizens from owning real estate in Finland.

The new statute states that any citizen of a country engaged in an "aggressive war and who may pose a threat to the country's [that is, Finland's] national security" may not purchase real estate. Those with dual citizenship or permanent residency are exempt, but are still subject to investigation should they choose to buy property.

The goal seems to be to specifically target wealthy Russians, many of whom are a part of the Putin regime, from making investment purchases.

Finland, which shares a 830-mile-long border with Russia, has turned closer and closer towards the West since Russia began its war in Ukraine. In May 2022, just a couple months after the invasion began, Finland reversed its decades-long neutrality and joined NATO.

More recently, Finland has shored up its border fences and prevented cars with Russian plates from entering the country.

Tensions continue to simmer.

 

You Might Also Like

What's in a Fame?
  • November 20, 2023

What's in a Fame?

An internet metric names the most famous historical person from Russia. They aren't Russian.
A Finnish Finish
  • October 03, 2017

A Finnish Finish

Our last stop on the Children of 1917 expedition was Finland, namely Tampere, the country's second largest city, where we met our final two heroes.
Like this post? Get a weekly email digest + member-only deals

Some of our Books

Stargorod: A Novel in Many Voices
May 01, 2013

Stargorod: A Novel in Many Voices

Stargorod is a mid-sized provincial city that exists only in Russian metaphorical space. It has its roots in Gogol, and Ilf and Petrov, and is a place far from Moscow, but close to Russian hearts. It is a place of mystery and normality, of provincial innocence and Black Earth wisdom. Strange, inexplicable things happen in Stargorod. So do good things. And bad things. A lot like life everywhere, one might say. Only with a heavy dose of vodka, longing and mystery.

Faith & Humor
December 01, 2011

Faith & Humor

A book that dares to explore the humanity of priests and pilgrims, saints and sinners, Faith & Humor has been both a runaway bestseller in Russia and the focus of heated controversy – as often happens when a thoughtful writer takes on sacred cows. The stories, aphorisms, anecdotes, dialogues and adventures in this volume comprise an encyclopedia of modern Russian Orthodoxy, and thereby of Russian life.

The Samovar Murders
November 01, 2019

The Samovar Murders

The murder of a poet is always more than a murder. When a famous writer is brutally stabbed on the campus of Moscow’s Lumumba University, the son of a recently deposed African president confesses, and the case assumes political implications that no one wants any part of.

Survival Russian
February 01, 2009

Survival Russian

Survival Russian is an intensely practical guide to conversational, colloquial and culture-rich Russian. It uses humor, current events and thematically-driven essays to deepen readers’ understanding of Russian language and culture. This enlarged Second Edition of Survival Russian includes over 90 essays and illuminates over 2000 invaluable Russian phrases and words.

A Taste of Chekhov
December 24, 2022

A Taste of Chekhov

This compact volume is an introduction to the works of Chekhov the master storyteller, via nine stories spanning the last twenty years of his life.

The Latchkey Murders
July 01, 2015

The Latchkey Murders

Senior Lieutenant Pavel Matyushkin is back on the case in this prequel to the popular mystery Murder at the Dacha, in which a serial killer is on the loose in Khrushchev’s Moscow...

Russian Rules
November 16, 2011

Russian Rules

From the shores of the White Sea to Moscow and the Northern Caucasus, Russian Rules is a high-speed thriller based on actual events, terrifying possibilities, and some really stupid decisions.

About Us

Russian Life is a publication of a 30-year-young, award-winning publishing house that creates a bimonthly magazine, books, maps, and other products for Russophiles the world over.

Latest Posts

Our Contacts

Russian Life
73 Main Street, Suite 402
Montpelier VT 05602

802-223-4955