Sanctions bite for Russia, European Commission says
Brussels (UPI) Nov 4, 2014 - Sanctions on a Russian economy that depends largely on the export of natural resources are taking "a heavy toll," the European Commission said Tuesday. The EC published its autumn outlook on regional economies. An October stress test on European banks found they'd be able to withstand financial crises, though European Commissioner for Investment Jyrki Katainen said in a statement the si ... more
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