The EU has limited the availability of measures of Russia and the Central Bank to the market of problems – Economy and business
BRUSSELS, 26 February. /TASS/. The EU Council decided to reduce prices on April 12, the Central Bank of Russia, Alfa-Bank, Otkritie, Rossiya Bank and Promsvyazbank to the European securities market in connection with the Russian military operation in Ukraine. This is stated in the meeting of the Council published on Friday evening in the Official Journal of the EU.
“This decision leads to limited access to the EU securities market for large financial institutions, sanctions and the Central Bank of Russia,” the document says. They are prohibited from placing, selling, buying or using securities and credit instruments published after April 12, 2022. Similar restrictions were obtained on “any financial structures with more than 50% participation.” [российского] states” or “playing a significant role in supporting Russia, its resolution or the Central Bank.”
also banned public funding of trade with Russia or investment in Russia. “This permit prohibits the financing of public funding or financial assistance for trade with Russia or investment in Russia, with a number of exceptions,” the document says. Exceptions are provided for investments in small and medium-sized businesses, agriculture, medical or humanitarian needs.
On February 24, Russian President Vladimir Putin announced an emergency military operation in Ukraine in response to an appeal to the Republic of Donbass for help. He focuses on the fact that Moscow’s plans do not include the occupation of Ukrainian interests, pursuing the goal of demilitarization and denatification of the country. As stated in the Ministry of Defense of the Russian Federation, nothing threatens the civilian population.