EU to Follow US Sanctions on Russia? - Presented by: The Aol. On Network

Increasing the pressure on Russia. The United States imposed the toughest sanctions so far on Moscow - over its failure to end violence in Ukraine. For the first time, the measures hit some of Russia's biggest firms - and those closest to President Vladimir Putin. Its largest oil producer Rosneft, second largest gas produced Novatek and third largest bank Gazprombank - all run by wealthy Putin allies. In effect, the sanctions close the firms to medium and long-term dollar funding.



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