Hungary’s foreign minister was the best-known European VIP at the St. Petersburg economic forum this year, highlighting how far Russia’s one-time bid to rival Davos has gone downhill.
St Petersburg’s odd assortment of speakers from Austria and Germany told the same tale.
In mid-June, as EU diplomats were finalising the 11th round of Russia sanctions in Brussels, Russian President Vladimir Putin was hosting the St. Petersburg International Economic Forum (SPIEF). The event ran 14-17 June.