EU considers sanctions against financial institutions in the Crimea
The European Union is considering to impose ban for businesses and citizens from the EU countries on financial transactions with the banks engaged in activities at the territory of the Crimea, announced the draft document prepared by the European Commission for the EU governments on April 24.
“The same could hold for prohibiting investments by Crimean investors (companies located or registered in Crimea) into the EU and by EU investors into Crimean entities,” it said.
Also, the possibility of imposition the reporting limitations will be considered separately from the issue on possible stepping up of the economic sanctions against Russia, to the possibility of implementing more specific enforcement actions against Crimea.
The Commission proposals are still under review, and a decision whether to follow them is likely to be taken by EU foreign ministers, whose next meeting is on May 12.
You should be authorized to post comment
Russian-Turkish officials negotiated on settlement of the agricultural trade crisis
Russia: in the third week of April, Krasnodar Krai seaports reduced grain export volumes
April 25, 16:20
Rusagrotrans reduced the forecast of Russian grain exports
April 25, 13:00
Russia planted spring grains throughout 3.7 mln ha - Ministry of Agriculture
April 25, 10:40
In the third week of April, Russian seaports increased grain export volumes
April 24, 13:30
Russia to increase the exports of fat-and-oil products to the Middle East and Asian countries
April 24, 12:20
Russia to lose the global leadership in wheat exports for some time - A.Dvorkovich
April 24, 10:50
Russia exported over 29 mln tonnes of grains - Ministry of Agriculture
April 24, 10:10