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EU to impose sanctions on 90 Russian banks

The EU plans to impose sanctions on 90 Russian banks. According to Reuters, the new package includes 170 entities.

Olivia Taylor
ByOlivia Taylor- Senior Editor
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The European Union (EU) is preparing to impose sanctions on 90 Russian banks.

Reuters reported this based on diplomatic sources.

The new sanctions package includes a total of 170 organizations and individuals.

About half of Russia's financial institutions will be cut off from international transactions.

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