29 Apr 2014
EU sanctions to Russia are expected today – Danske Bank
FXStreet (Edinburgh) - Senior Analyst Morten Helt at Danske Bank expects the EU to announce sanctions against Russia today.
Key Quotes
“The Obama administration yesterday imposed sanctions on seven Russian officials and 17 companies linked to President Vladimir Putin’s inner circle over the crisis in Ukraine”.
“The list includes Igor Sechin, OAO Rosneft CEO, and Sergei Chemezov, RosTech CEO. The current list includes two banks, SMP Bank and Sobinbank, and the US does not exclude new sanctions, which could expand to new sectors such as energy”.
“However, uncertainty remains high as the situation in Ukraine is very unstable”.
“The EU is expected to publish a list of 15 names today, which will be added to its sanction list”.
Key Quotes
“The Obama administration yesterday imposed sanctions on seven Russian officials and 17 companies linked to President Vladimir Putin’s inner circle over the crisis in Ukraine”.
“The list includes Igor Sechin, OAO Rosneft CEO, and Sergei Chemezov, RosTech CEO. The current list includes two banks, SMP Bank and Sobinbank, and the US does not exclude new sanctions, which could expand to new sectors such as energy”.
“However, uncertainty remains high as the situation in Ukraine is very unstable”.
“The EU is expected to publish a list of 15 names today, which will be added to its sanction list”.