Monday, March 14, 2016

The EU after the US urged European banks not to buy government bonds of the Russian Federation – Rosbalt.RU


 The European Union appealed to the European banks with the recommendation not to deploy Russian Eurobonds.

 EU sanctions against Russia are not directly prohibit the purchase of Russian debt, however, the EU representatives in private banks turned to the warning, which was previously distributed and Washington for US banks. According to Financial Times, citing sources in Brussels believe that the funds raised through placement of securities, can be used “for other purposes».

 According to the newspaper, the EU called on the leadership urged banks to take into account the risk that the bonds may be used to circumvent the sanctions, and to take precautions. In particular, European banks are invited to insist on action to prevent the receipt of income from the placement of securities by persons from the sanctions list.

 As stated, if European banks will follow this call, Moscow may be forced to withdraw from the first few years of trying to enter the loan market.

LikeTweet

No comments:

Post a Comment