EU’s top court upholds sanctions against Russia’s VTB over Ukraine turmoil
25 Jun 2020

The European Union’s top court on Thursday upheld sanctions against Russia’s second-largest bank VTB (VTBR.MM), dismissing the lender’s appeal against the restrictive measures the bloc had first imposed in 2014 over the turmoil in Ukraine.

The sanctions restrict the bank’s access to some financial transactions and to capital markets in the EU.

By Gabriela Baczynska and Kate Abnett, Reuters, 25 June 2020

Read more at Reuters

Photo (cropped and edited): Emaus / CC-BY-SA-4.0

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