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3 of July, 10:27

The EU has threatened to freeze financing of Russian projects of banks, EBRD and EIB
The European Union considers it possible freezing of payment Russian projects the European Bank for restoration and development (EBRD) and European investment Bank (EIB) in connection with a possible extension of sentences, reports Bloomberg referring to the sources.
According to sources, such events are necessary to end the conflict in Ukraine. Thus, scenarios, how to stop funding, considered, transfers ITAR-TASS. Russia is the largest recipient of project payment from the EBRD - 1, 8 billion euros in 2013. While in General the EBRD's investment in the world amount to 9 billion euros per year. Loans of the Russian Federation from the EIB in 2013 amounted to 1, 4 billion dollars. The shareholders of the EIB are 28 European countries, the EBRD - 64 countries of the world. The U.S. owns 10% EBRD, other countries of the G7 group of 8, 5%. First of Chancellor Angela Merkel said that a tightening of sanctions against Russia remains on the agenda. Recall, in March the West, not recognizing the unification of Russia and Crimea, has imposed punishment on a number of Russian politicians and businessmen. USA on April 28 in connection with the situation in Ukraine was included in the sanctions list of the 7 Russian nationals and 17 organizations, widening it to almost 50 politicians and entrepreneurs from Russia and Ukraine. The European Union has extended sanctions list of Russian citizens for another fifteen, and later on 13 persons - up to 61 people. The foreign Ministry of Russia many times stated that to talk with Moscow language punishment inappropriate and unproductive, and experts, as well and the West, declare that the introduction of new sanctions will harm the economies of the EU and the US.

sections: Politics

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