1413
Sanctions Hurting Europe More
World Economy

Sanctions Hurting Europe More

Sanctions put in place amid the crisis in Ukraine have caused more problems for Europe than Russia, the chief executive of Italian bank UniCredit was quoted as saying in an interview with a Czech newspaper, 1clicknews reported. “The sanctions have caused Russia problems and my impression is that (they are) even bigger for Europe,” Federico Ghizzoni said. UniCredit, Italy’s biggest bank by assets, was doing well in Russia despite the current situation but added an economic slowdown would impact the bank in that market, “but not immediately,” he said.

Short URL : http://goo.gl/iGynlE

You can also read ...

Shifting transactions from cash to digital payments holds great promise for  individuals, businesses and governments.
More than 23% of the world's economy operates out of sight of...
India Launches 888 Anti-Dumping Probes
The Indian government has initiated as many as 214 anti-...
Federal Reserve Board Chairman Jerome Powell speaks during a hearing before the Senate Banking, Housing and Urban Affairs Committee.
US Federal Reserve Chairman Jerome Powell said protectionism...
Fitch Retains Philippine  Debt Rating
Global debt watcher Fitch Ratings kept the Philippines’...
UN to Help Rebuild Gaza Economy, Create Jobs
Against the backdrop of rapidly rising tension, violence,...
The warnings come amid a period of financial uncertainty for the world.
US officials who helped the country survive the 2008 financial...
Africa Next Frontier for Crypto
Cryptocurrency is not bound by geography because it is...
EU to Fine Google $5 Billion
Google will be fined about €4.3 billion ($5 billion) by the...

Trending

Googleplus