21 Mar 2014
Russia/Ukraine still dominate headlines - Danske Bank
FXStreet (Barcelona) - Jens Nærvig Pedersen, Analyst at Danske Bank comments that the conflict between Ukraine and Russia continues to top the headlines.
Key Quotes
“Yesterday, the US stepped up sanctions against Russia, adding an additional 20 officials to the list of people affected by the US sanctions. The sanctions ban the individuals’ entry, freeze any personal assets they may have in the US and bar them from doing business with the US. Furthermore, the US sanctioned Bank Russia.”
“The leaders of the EU are currently debating whether to impose additional sanctions on Russia as well at a two-day summit in Brussels which began yesterday. Comments from German Chancellor Angela Merkel hint that the EU may impose ‘stage two’ measures, which includes asset freezes and travel bans, while real economic sanctions are not yet on the table.”
“The sanctions against Russia led Standard & Poor’s to cut its rating outlook on Russia to negative yesterday. Finally, the EU is currently working on a EUR1.6bn economic aid plan for Ukraine.”
Key Quotes
“Yesterday, the US stepped up sanctions against Russia, adding an additional 20 officials to the list of people affected by the US sanctions. The sanctions ban the individuals’ entry, freeze any personal assets they may have in the US and bar them from doing business with the US. Furthermore, the US sanctioned Bank Russia.”
“The leaders of the EU are currently debating whether to impose additional sanctions on Russia as well at a two-day summit in Brussels which began yesterday. Comments from German Chancellor Angela Merkel hint that the EU may impose ‘stage two’ measures, which includes asset freezes and travel bans, while real economic sanctions are not yet on the table.”
“The sanctions against Russia led Standard & Poor’s to cut its rating outlook on Russia to negative yesterday. Finally, the EU is currently working on a EUR1.6bn economic aid plan for Ukraine.”