EU identifies 5 Russian banks it is sanctioning

By Juergen Baetz

Published July 31, 2014 5:06pm ET

EU identifies 5 Russian banks it is sanctioning — People walk past the headquarters of Russian Agricultural Bank in downtown Moscow, Russia, on Wednesday, July 30, 2014. The European Union approved dramatically tougher economic sanctions Tuesday, July 29, against Russia, followed swiftly by a new round of U.S. penalties. Among the targets were three Russian banks: the Bank of Moscow, Russian Agricultural Bank and VTB Bank, Russia's second largest bank. (AP Photo/Ivan Sekretarev) | Ivan Sekretarev

BRUSSELS (AP) — The European Union on Thursday revealed the details of its broad economic sanctions against Russia, including the names of five major banks which will see their access to the 28-nation bloc’s capital market curtailed.

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