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EU delays new Russian sanctions package

  • Despite the EU formally adopting a new sanctions package against Russia yesterday, it will delay enforcing them while it assesses whether a cease-fire in Ukraine is holding.
  • "Depending on the situation on the ground, the EU stands ready to review the agreed sanctions in whole or in part," says EU Council President Herman Van Rompuy.
  • In response to the new sanctions, Russia has again signaled that it may ban Western airlines from flying over its territory.
  • Related tickers: OTCPK:RNFTF, OTCPK:OGZPY, OTCPK:AKSJF, OTCPK:SBRCY, OTC:JSCVL

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Public Joint Stock Company Rosneft Oil Company