Russia sanctions could spell economic crisis for Finland - PM


  • World
  • Wednesday, 06 Aug 2014

ESPOO Finland (Reuters) - Finland could face an economic crisis because of European Union sanctions against Russia and Helsinki will seek financial compensation from the EU if it is disproportionately hit by the measures, its prime minister said on Wednesday.

Last week, the EU imposed tough sanctions targeting Russia's banking, oil and defence sectors over Moscow's stance in the Ukraine crisis. The West accuses Moscow of actively backing pro-Russian rebels in eastern Ukraine and blames them for downing a Malaysian airliner last month. Russia denies the charges.

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