Berliner Boersenzeitung - Putin keeps loyalty of Russian political elite despite outcry

EUR -
AED 4.104356
AFN 76.945527
ALL 99.231336
AMD 432.618629
ANG 2.010722
AOA 1036.726011
ARS 1074.130668
AUD 1.641363
AWG 2.011392
AZN 1.900177
BAM 1.955432
BBD 2.252676
BDT 133.324923
BGN 1.955432
BHD 0.420421
BIF 3234.291666
BMD 1.11744
BND 1.441629
BOB 7.70955
BRL 6.162794
BSD 1.11569
BTN 93.249161
BWP 14.748226
BYN 3.651213
BYR 21901.820514
BZD 2.248877
CAD 1.517204
CDF 3208.169723
CHF 0.949813
CLF 0.037598
CLP 1037.43487
CNY 7.880073
CNH 7.870134
COP 4641.826925
CRC 578.891117
CUC 1.11744
CUP 29.612155
CVE 110.244264
CZK 25.088083
DJF 198.672632
DKK 7.466731
DOP 66.967404
DZD 147.657227
EGP 54.142816
ERN 16.761597
ETB 129.466549
FJD 2.459263
FKP 0.850996
GBP 0.838761
GEL 3.050454
GGP 0.850996
GHS 17.539701
GIP 0.850996
GMD 76.544228
GNF 9639.186978
GTQ 8.624378
GYD 233.396101
HKD 8.706365
HNL 27.675794
HRK 7.597486
HTG 147.212311
HUF 393.517862
IDR 16941.281656
ILS 4.226062
IMP 0.850996
INR 93.284379
IQD 1461.525104
IRR 47035.835678
ISK 152.262759
JEP 0.850996
JMD 175.28703
JOD 0.791704
JPY 160.715782
KES 143.92293
KGS 94.131451
KHR 4531.147742
KMF 493.181817
KPW 1005.695207
KRW 1488.976663
KWD 0.340898
KYD 0.929725
KZT 534.90939
LAK 24636.366177
LBP 99910.008054
LKR 340.395975
LRD 223.13803
LSL 19.586216
LTL 3.299509
LVL 0.675928
LYD 5.298004
MAD 10.818165
MDL 19.468338
MGA 5046.050895
MKD 61.603413
MMK 3629.400954
MNT 3797.060466
MOP 8.955716
MRU 44.337661
MUR 51.26838
MVR 17.164402
MWK 1934.436154
MXN 21.694872
MYR 4.69883
MZN 71.34836
NAD 19.586216
NGN 1831.986636
NIO 41.062277
NOK 11.71496
NPR 149.198937
NZD 1.7912
OMR 0.429669
PAB 1.11569
PEN 4.181813
PGK 4.367179
PHP 62.188869
PKR 309.994494
PLN 4.274599
PYG 8704.362807
QAR 4.067535
RON 4.972493
RSD 117.064981
RUB 103.380555
RWF 1504.017111
SAR 4.19314
SBD 9.282502
SCR 14.578258
SDG 672.172563
SEK 11.365705
SGD 1.442953
SHP 0.850996
SLE 25.530486
SLL 23432.148605
SOS 637.580078
SRD 33.752303
STD 23128.748217
SVC 9.762164
SYP 2807.601005
SZL 19.593315
THB 36.793946
TJS 11.859769
TMT 3.911039
TND 3.380564
TOP 2.617155
TRY 38.124254
TTD 7.588573
TWD 35.736828
TZS 3045.827114
UAH 46.114226
UGX 4133.222587
USD 1.11744
UYU 46.101329
UZS 14197.329642
VEF 4047984.459863
VES 41.096936
VND 27494.606824
VUV 132.664701
WST 3.125996
XAF 655.833645
XAG 0.035881
XAU 0.000426
XCD 3.019937
XDR 0.826844
XOF 655.833645
XPF 119.331742
YER 279.723102
ZAR 19.477937
ZMK 10058.30169
ZMW 29.537444
ZWL 359.815167
  • CMSD

    0.0100

    25.02

    +0.04%

  • JRI

    -0.0800

    13.32

    -0.6%

  • BCC

    -7.1900

    137.5

    -5.23%

  • NGG

    0.7200

    69.55

    +1.04%

  • SCS

    -0.3900

    12.92

    -3.02%

  • GSK

    -0.8200

    40.8

    -2.01%

  • BCE

    -0.1500

    35.04

    -0.43%

  • BTI

    -0.1300

    37.44

    -0.35%

  • CMSC

    0.0300

    25.15

    +0.12%

  • AZN

    -0.5200

    78.38

    -0.66%

  • RBGPF

    58.8300

    58.83

    +100%

  • RELX

    -0.1400

    47.99

    -0.29%

  • VOD

    -0.0500

    10.01

    -0.5%

  • RYCEF

    0.0200

    6.97

    +0.29%

  • RIO

    -1.6100

    63.57

    -2.53%

  • BP

    -0.1200

    32.64

    -0.37%

Putin keeps loyalty of Russian political elite despite outcry
Putin keeps loyalty of Russian political elite despite outcry

Putin keeps loyalty of Russian political elite despite outcry

President Vladimir Putin is for now holding on to the public loyalty of Russia's political elite, despite the international outcry over the invasion of Ukraine and unprecedented sanctions.

Text size:

Russian artists and heavyweight media figures have spoken out against the war and even billionaire oligarchs have offered veiled criticism.

But after almost a month of fighting, there has been no apparent outbreak of dissent from within Putin's inner circle or among political heavyweights inside the country.

"There has been no sign of a split" within the ruling class, said Tatiana Stanovaya, founder of the R.Politik political analysis firm.

"There is a full consensus, albeit possibly with differences on tactics," she added.

She said a distinction had to be drawn between having reservations about the invasion and being ready to act.

"People are in shock and many believe this is a mistake. But no-one is able to act. Everyone is focused on their own survival."

Western diplomatic sources say despite the crushing impact of sanctions on the Russian economy, there is no sign yet that this will translate into political change.

The main domestic criticism of the invasion, according to Stanovaya, comes from "peripheral" forces on the radical right who think it is not proceeding aggressively enough.

- 'Cultivated a system' -

Russian state television dominates the narrative, presenting what the Kremlin calls a "special military operation" in Ukraine as a heroic mission against Western aggression.

The liberal opposition has evaporated, the parties represented in parliament almost always toe the Kremlin line on all issues and Putin's most potent foe, Alexei Navalny, is in jail.

"It's no real surprise that we haven't yet seen dramatic, public splits within the ruling elite," said Ben Noble, associate professor of Russian politics at University College London and co-author of a recent book "Navalny: Putin's Nemesis, Russia's Future?".

"Vladimir Putin has cultivated a system in which he is surrounded by super-loyalists who share his world view of a West out to destroy Russia, or those who are too afraid to voice their dissent," he said.

On February 21, three days before launching the invasion, Putin summoned the political leadership to the Kremlin for a security council to discuss recognising pro-Moscow breakaway regions in Ukraine as independent.

One by one, in a theatrical show of unity, the 12 men and one woman lined up to back the move to recognise the Donetsk and Lugansk regions as independent, a move now seen as heralding the war.

- 'Fifth column' -

Those present at the meeting included the three men who Western security sources believe make up Putin's tightest inner circle -- Defence Minister Sergei Shoigu, National Security Council Secretary Nikolai Patrushev and Federal Security Service (FSB) chief Alexander Bortnikov.

There has not been the slightest murmur of dissent from those who attended or even from more low-ranking officials.

Putin on March 16 issued a chilling warning against disobeying the Kremlin line, saying the West was betting "on a fifth column, on traitors to the nation" to weaken Russia.

Virtually the only current or former insider to have broken ranks is the former Kremlin aide and ex-deputy prime minister Arkady Dvorkovich -- also head of the main world chess body.

He came out against the war in a US magazine interview and stepped down from his post leading an entrepreneurship foundation.

From other liberal leaning ex-Kremlin figures -- like the former finance minister Alexei Kudrin, who is now head of Russia's audit chamber -- there has simply been silence.

- 'Decision-making' -

There was speculation over the future of central bank head Elvira Nabiullina, an economist at the helm of the Bank Rossii since 2013.

She was photographed looking dejected at a Kremlin meeting and posted a cryptic video, in which she acknowledged the Russian economy was in an "extreme" situation and said, "We all very much would have liked this not to have happened."

But Putin this week asked parliament to nominate her for another term, apparently scotching rumours she could resign in protest at the war.

There have been murmurs of concern from oligarchs who stand to lose massively from the invasion, such as the magnates Oleg Deripaska and Mikhail Fridman, who have both made cautious comments promoting peace.

On March 3, the board of Russia's largest privately-owned energy company, oil giant Lukoil, also called for an end to the conflict.

Noble added that many members of the elite were shocked by the invasion, as the vast majority "had not been involved in the decision-making process" and believed Putin was planning brinkmanship rather than invasion.

"However, it's one thing to call for peace; it's quite another to criticise Putin directly," he said.

(S.G.Stein--BBZ)