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VTB says European sanctions contrary to basic principles of free market

Politics Materials 1 August 2014 00:37 (UTC +04:00)
Russia’s bank VTB said the European Union’s sanctions were contrary to the principles of free market and discriminatory not only against VTB but also against international investors.
VTB says European sanctions contrary to basic principles of free market

Russia's bank VTB said the European Union's sanctions were contrary to the principles of free market and discriminatory not only against VTB but also against international investors.

The bank was critical of the EU decision that restricts access to capital markets.

VTB said it and its subsidiaries would continue to operate as usual despite the sanctions.

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