The EBRD moves forward with action against Russia and Belarus. The Board of Directors of the European Bank for Reconstruction and Development has agreed with a management proposal to take steps in responding to the Russian-led invasion of Ukraine. Governors will... #BelarusSanctions #ebrd #EBRDsanctions #SanctionsAgainstRussia
The EU imposed severe sanctions yesterday on Belarus banning purchases of its top exports — oil and potash — and banning most financial links, including trading in bonds on the secondary market. By forbidding EU companies from handling Belarusian potash, the EU is forcing the land locked country to export its fertilizer through Russia, repor... #BelarusSanctions #EUsanctions #SanctionsAgainstBelarus
EU leaders plan to impose ‘Venezuela-style’ sanctions on Ukraine’s northern neighbor Belarus when the heads of government meet in Brussels on Thursday . Sanctions are to hit Belarus’ financial, oil, tobacco and potash sectors. Last year, the EU imported from Belarus more than €1 billion worth of crude oil, fuel and lubricants and €1.2 billion worth ... #BelarusSanctions #EUsanctionsforBelarus
Sanctions will make Belarus heavily dependent on Russian economic aid, Timothy Ash writes from London. “If the annual bill to Russia for backing Lukashenko had been $2-3bn, I would imagine this will at least double, if not more…It would not surprise me if the bill heads more to the $10bn mark…With Russ... #BelarusandRussia #BelarusDependsonRussia #BelarusSanctions
