The EU trembles and softens the sanctions against Russia.
Edited by Rhod Mackenzie / 2014-12-08 06:45:37
On Friday the European Union approved an amendment to the sanctions against Russian banks, according these banks will be able to attract long-term financing (for a period exceeding 30 days) from the EU banks, the News Economics website writes.
Obtaining the long-term loans is possible "if in order to attract such funding is to maintain the solvency and liquidity of legal entities registered in the EU and owned more than 50% by Russian banks", included in the sanctions list, the Official Journal of the European Union informs.
The amendment concerns Sberbank, VTB, "Gazprombank", "Vnesheconombank" and "Russian Agricultural Bank".
