Russia’s Finance Ministry is ready to extend by two months the deadline for international payment systems Visa and MasterCard to set up domestic processing for Russian card holders, according to Deputy Minister Alexei Moiseev.
Russia does not consider itself party to the conflict in Ukraine, seeing it as a conflict between the Eastern Ukrainians and the Kiev, while Poroshenko’s analysis of the situation is totally different, legal expert and blogger Alexander Mercouris told RT.
Switching over to EU trade standards and nixing duty-free trade with Russia will cost Ukraine €165 billion over the next 10 years, President Putin warned at a meeting with President Petro Poroshenko in Minsk on Tuesday.
The sudden contraction of the German economy in the second quarter could be caused by Russian sanctions and the erosion of confidence from the crisis in Ukraine, the German Finance Ministry said on Friday.
Russia's fresh food safety watchdog, Rosselkhoznadzor, said it has blocked supplies of some banned agricultural products which sanctioned countries like Poland and Greece tried to re-export through Belarus.