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EU bans research & consulting on Russian companies
Rt.com reports: The EU is trying to tighten the screws on investment in Russia. It has now forbidden European banks from consulting investors and providing analysis of Russian firms under sanctions. This includes Sberbank, VTB and Rosneft, but excludes Gazprom and Aeroflot. The document was issued by the European Commission a month ago, but proved to be so obscure that Russian media only managed to dig it up today... In July and September 2014 the European Union imposed restrictions on a number of Russian banks. In particular, the sanctions affected state-owned Sberbank, VTB, Vnesheconombank, Gazprombank and Rosselkhozbank (Russian Agriculture Bank). The banks were cut off from long-term (over 30 days) international financing. The restrictions also affected oil companies, including Rosneft, Lukoil, Gazprom Neft (Gazprom’s oil subsidiary), and Transneft as well as the space and defense industry. In addition, the EU imposed restrictions against certain individuals...
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