MOSCOW — Ukrainian President Petro Poroshenko signed an order Thursday imposing sanctions on Russian-owned banks in Kiev’s latest protest against Russian support for separatists in the east of the country.
The move will stop Ukrainian affiliates of three Russian financial institutions from moving capital abroad, according to a statement on the Ukraine presidency website.
Poroshenko appears in recent days to have been forced into decisions under pressure from nationalist protestors, who have increasingly shaped the country’s political agenda.
Russian-owned banks in Kiev were vandalized this week by activists.
The banks affected by Poroshenko’s order are Russia’s largest bank, state-owned Sberbank, its second largest, state-owned …read more
Source: The News
