Russia fiance minister says country likely to give funds to cash strapped Evrofinance bank

Russia fiance minister says country likely to give funds to cash strapped Evrofinance bank
Image Credit: Wikimedia

Finance Minister Anton Siluanov said on Friday he did not rule out the possibility of Russia providing capital to sanctions-hit Russian-Venezuelan lender Evrofinance Mosnarbank. The United States announced sanctions on Evrofinance Mosnarbank on Monday for its dealings with Venezuelan state oil company Petroleos de Venezuela SA (PDVSA).

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