HomeTrading NewsRussian oligarchs lose £23.5bn as Ukraine crisis deepens

Russian oligarchs lose £23.5bn as Ukraine crisis deepens


EU agrees sanctions ‘to hurt Russia’ over Ukraine crisis

BRUSSELS (Reuters) -The European Union agreed new sanctions on Russia that will blacklist more politicians, lawmakers and officials, ban EU investors from trading in Russian state bonds, and target imports and exports with separatist entities. However, EU foreign ministers chose not to sanction Russian President Vladimir Putin, the EU’s foreign policy chief Josep Borrell said following a meeting in Paris on Tuesday. Russia’s formal recognition of two breakaway regions in eastern Ukraine was an unacceptable breach of Ukraine’s sovereignty, Borrell said.

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