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25 Jul 2014
EU will announce sanctions against Russia – Danske Bank
FXStreet (Edinburgh) - Jens Pedersen, Analyst at Danske Bank, expects the EU to extend the current sanctions against Russia.
Key Quotes
“The EU will add 15 individuals and 18 entities, half of which are companies, to the list of individuals and organizations affected by sanctions due to the conflict between Ukraine and Russia”.
“The list will not be public until late Friday. It is also working on additional sanctions, which would fall in the so-called ‘phase-3’ category, which targets specific economic sectors”.
“Apparently, the EU is set to target state-owned Russian banks and restrict their access to capital markets. It will continue to discuss new measures today”.
Key Quotes
“The EU will add 15 individuals and 18 entities, half of which are companies, to the list of individuals and organizations affected by sanctions due to the conflict between Ukraine and Russia”.
“The list will not be public until late Friday. It is also working on additional sanctions, which would fall in the so-called ‘phase-3’ category, which targets specific economic sectors”.
“Apparently, the EU is set to target state-owned Russian banks and restrict their access to capital markets. It will continue to discuss new measures today”.