12 More Russians Names Added To Europe Sanction List

European leaders added 12 people to a list of those subject to travel bans and asset freezes for their part in Russia’s seizure of Crimea on Thursday and begin preparations for economic sanctions if Russia expands its footprint in Ukraine.

French President Francois Hollande declined to give details of the names added to the list, which was agreed among the EU’s 28 leaders after six hours of talks, but said it included Russians and Crimeans and raised the total number of people subject to EU sanctions to 33.

German Chancellor Angela Merkel said preparations would also be made for possible trade and economic measures against Russia if it moves beyond Crimea into southern and eastern Ukraine, and confirmed that the EU was calling off an EU-Russia summit scheduled for June, severing political ties.


This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Mingze Wu

Mingze Wu

Currency Analyst at Market Pulse
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu