EU wants to stop Russian state-owned banks from raising capital in EU


  • World
  • Thursday, 24 Jul 2014

BRUSSELS (Reuters) - The possible European Union ban on purchases of new shares or bonds issued by Russian banks would apply only to institutions in which the Russian government has more than 50 percent, EU diplomats said on Thursday.

The ban, which would include also the possibility of listing of any new instruments of Russian state-owned banks on EU stock exchanges, would be part of a list of new sanctions on Moscow over its role in the conflict in eastern Ukraine.

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