EU Council Widens Criteria for Placing Sanctions on Russian Companies

July 20, 2014 4:23 PM

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The EU Council has formally decided to expand the list of criteria for placing Russian companies on the European Union's blacklist, the council said in an announcement in its official journal.

EU leaders on Wednesday agreed to impose sanctions on Russian companies that are seen as participants in the destabilization of Ukraine, and at the same time asked the EU's bank, the European Investment Bank, to suspend new lending for Russian companies and to seek the suspension of new lending to R...

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