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“The measures in the field of sensitive technologies will only affect the oil sector in view of the need to preserve EU energy security,” the source said.
The European Commission says that Russian banks with over 50% state ownership placed bonds worth 7.5 billion euros on European markets last year while the total amount of bonds floated by Russian banks in Europe in 2013 is estimated at 15.8 billion euros.
The European Commission may also impose an arms embargo to limit Russian weapons exports to Europe estimated at 3.2 billion euros a year and restrict trade in dual-purpose goods.
The new sanctions also include restrictions on trade in and out of Crimean ports.