Moscow faces bank curbs over new public-sector projects, and more asset-freezing for firms ‘undermining Ukraine sovereignty’The European Union is expected to cut off large-scale financing to Russia and widen sanctions against companies at a summit on Wednesday evening, blaming Moscow for supporting the increasingly bloody conflict in eastern Ukraine.European leaders will seek to suspend the financing of new public-sector projects in Russia by the EU’s lending institution, the European Investment Bank, and the European Bank for Reconstruction and Development, according to a draft statement seen by news agencies on Wednesday. … …read more
Source: The Guardian
