Bank of Russia

Gazprombank office in Moscow, Russia. Photo: TASS

EU suffers bitter consequences from new US sanctions on Russia

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The latest US sanctions on Russia will affect the European Union (EU), according to experts.

The US sanctions Russia's Gazprombank. Photo: Sputnik

US sanctions last Russian bank linked to SWIFT

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Russia's last major bank with access to the international payment system SWIFT has been sanctioned by the US.