Stock Groups

EU imposes sanctions on more Russians, adds Belarus banks to list -Breaking

by Mike Robinson

[ad_1]

© Reuters. Ursula von der Leyen, President of European Commission, makes a statement prior to her meeting with Mario Draghi, Prime Minister of Italy at Brussels’ headquarters of European Commission. (c) Reuters

BRUSSELS, (Reuters) – The European Union announced Wednesday that it would increase sanctions against Russia for its invasion of Ukraine. This includes targeting additional Russian people and adding banks to Moscow’s ally Belarus.

According to Ursula von der Leyen, President of the European Commission, Russia’s 27-nation bloc, it was adding 160 Russian parliamentarians and Oligarchs to its blacklist. It was also banning Russian maritime navigation technology exports.

Also, the EU targeted Belarus’ banking sector because Russia had accumulated troops to support its attack on Ukraine.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, futures, indexes and Forex. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]