The European Union was divided on Monday over how to end a stand-off with Moscow over the crisis in Ukraine, as Britain called for governments to maintain their tough stance and Slovakia said the current sanctions policy was untenable. France reiterated the West’s position that there could be no change… Read More
After a two-year break which felt more like a boycott, European leaders and chief executives of top multinational companies are back at Russia’s top economic gathering in a sign of weariness about European sanctions against Moscow. Russia’s annexation of Crimea in March… Read More
Moldovan Prime Minister Pavel Filip said on Wednesday that Russia was not offering enough help to his government to track down and recover $1 billion that was siphoned from the banking system. Read More
Russia has selected Intesa Sanpaolo SpA as its consultant for the planned sale of shares in the country’s biggest oil producer, Rosneft OJSC, which is under U.S. and European financial and technical sanctions. Read More
Russia said on Monday it was placing its first Eurobond since financial sanctions were imposed over Ukraine, having decided to go ahead with the placement despite Western banks not taking part. Read More
The Russians will blame Ukraine. The Europeans will blame the Russians. Meanwhile, market consensus seems to have gotten this one right. No, Russian sanctions are not going to get lifted in July as a few contrarians believed in January. Read More
The European Union is on track to renew economic sanctions on Russia over the crisis in Ukraine when they expire in July, though an extension could be contested and only short-term, diplomats and officials said. Read More
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