RIGA (Reuters) – The European Union is ready to step up sanctions on Russia over the Ukraine conflict, but its priority is to bolster a fragile ceasefire agreed in Minsk, EU foreign policy chief Federica Mogherini said on Friday.
Mogherini, attending a meeting of EU foreign ministers in Latvia, said the need now was to strengthen ceasefire monitors from the Organization for Security and Co-operation in Europe (OSCE), a rights and security watchdog.
STOCKHOLM/REYKJAVIK, Feb 12 (Reuters) – Iceland’s Supreme
Court has upheld convictions of market manipulation for four
former executives of the failed Kaupthing bank in a landmark
case that the country’s special prosecutor said showed it was
possible to crack down on fraudulent bankers.
Hreidar Mar Sigurdsson, Kaupthing’s former chief executive,
former chairman Sigurdur Einarsson, former CEO of Kaupthing
Luxembourg Magnus Gudmundsson, and Olafur Olafsson, the bank’s
second largest shareholder at the time, were all sentenced on
Thursday to between four and five and a half years.