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VTB says European sanctions contrary to basic principles of free market

July 31, 2014, 21:40 UTC+3 MOSCOW
VTB said it and its subsidiaries would continue to operate as usual despite the sanctions
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MOSCOW, July 31, 21:31 /ITAR-TASS/. 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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