Free Trial

EU Sanctions on Kremlin Officials Fall Short of Promises of "Harsh Measures"

RUSSIA

LOCAL NEWS (Russia Markets closed for Defender's Day)

  • EU agrees to sanctions on Russia over Navalny yesterday - targeting four senior officials deemed responsible for prosecuting Navalny with measures in place within a week.
    • Analysts say this move is unlikely to have material impact.
    • Navalny's associates also said, "If it's just 10 Kremlin officials who don't travel or have assets abroad, then sanctions would not be painful"
  • Nord Stream 2 AG files a request to the German Federal Navigation & Hydrographic Authority for immediate entry into force of the permit to constrict the remaining pipeline in German waters.
    • Regulator Spox confirms "it's under review." Only 16.5km remains to be laid in Germany's EEZ
  • Moscow court continues Navalny's trial on defamation charges - bbg
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.