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Societe Generale is leaving Russia

The Societe Generale said in a statement on April 11 that, Withdrawal from Russia to the bank 3.4 billion will cost $

France’s Societe Generale financial group suspends operations in Russia, Russia In Rosbank and this bankwill sell its stake in the insurance business.

The Societe Generale said in a statement on April 11 that, Withdrawal from Russia to the bank 3.4 billion will cost $.

Societe Generale’s sale of a 99 percent stake in Rosbank to Interros Capital must be approved in a procedural manner. The last company is an oligarch Vladimir Potanindepends on.

“Sanctions are always on the table”

Moscow to Ukraine snowThe war, which began on February 24, resulted in severe Western sanctions. A number of Western companies have sold their assets in Russia and left the country.

Europe The leading diplomat of the European Union (EU) went to Russia snowcalls for additional sanctions Josep Borrell said the issue could be discussed at a meeting of the bloc’s foreign ministers in Luxembourg on April 11.

“Sanctions are always on the table” – Borrell told reporters.

According to him according toministers prosecutor of the International Criminal Court for alleged war crimes committed by Russia in Ukraine Karim Kahn will discuss with Moscow snow“Additional steps” can also be considered.

Some members of the 27-member bloc Russia call for a complete embargo on oil. But the potential impact of such a move on their economies has left some hesitant.

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