Editor, Investment Strategy. Europe, Middle East and Africa, London
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Feb 4, 2015
Feb 4, 2015
Feb 4, 2015
Feb 4, 2015
Feb 4, 2015
Feb 4, 2015

Sanctions hurt Russia, but still far from changing minds

LONDON (Reuters) – Sanctions on Russia over its actions in Ukraine have compounded the impact of oil’s plunge but Moscow may have the financial buffers to hold out for two years without a change in policy.

European governments meet next week to review the sanctions, imposed after Russia annexed Crimea last March and threw its support behind pro-Moscow separatists in eastern Ukraine. The West’s response centred first on financial and travel restrictions on key individuals but by mid-year it had effectively cut off overseas funding to corporate Russia.

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    • About Mike

      "Mike Dolan is Reuters' Investment Strategy Editor in Europe. He has been a correspondent and editor for the past 20 years, working for Reuters from London and Washington DC in a variety of roles covering global policymaking, economics and investment trends."
      Joined Reuters:
      1995
      Awards:
      Reuters Editor of the Year, 2009. Reuters multimedia journalist of the year award, 2011
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