Part-PAR-Par7912909-1-1-0

EU formally adopts Russia sanctions

A statue of Lenin stands in front of a logo of Russia's SberBank on Lenin Square in Donetsk, east Ukraine, on June 21, 2014The European Union formally adopted broad economic sanctions against Russia on Thursday, hoping they will force Moscow to reverse course on the Ukraine crisis. The new measures, finally agreed earlier this week after months of hesitation, target Russia’s banking, defence and energy sectors in view of its “actions destabilising the situation in eastern Ukraine,” a statement said. A first step limits access by Russian state-owned banks to Europe’s financial markets, chief among them London, which will increase their cost of doing business and hinder their contribution to the economy. Five banks were named, among them the largest in Russia: Sberbank, VTB, Gazprombank, VEB and Rosselkhozbank.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article