russia imposes financial sanctions against Ukraine

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Financial Sanctions

russia imposed financial sanctions on Ukraine’s political elite, freezing their property and financial assets in russia, and blocking them from repatriating their resources to Ukraine, reported euronews.

Hundreds of politicians and officials, as well as dozens of Ukrainian-owned businesses are said to be affected. The decision is described as tit-for-tat sanctions in response to similar measures taken by the Ukraine against russian individuals and companies.

Ukrainian President Petro Poroshenko said that being on the list is like receiving an award, adding that “those who did not make it to the list are very offended.”

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