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Thursday, July 31, 2014

Europe hits Russia's biggest banks - Jul. 31, 2014

Europe cranked up the pressure on Russia on Thursday by including the country's top two banks on a list of sanctions.

Publishing details of new measures aimed at disrupting activity in Russia's banking, oil and arms industries, the EU said Sberbank (SBRCY)and VTB Bank were now banned from raising medium and long-term finance in Europe.


Europe hits Russia's biggest banks - Jul. 31, 2014

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