Budapest – The European Union has harmed itself economically with the sanctions it has imposed on Russia over Ukraine, Hungarian Prime Minister Viktor Orban said on Friday, calling for a rethink. Orban’s remarks came a day after his Slovak counterpart, Robert Fico, criticised the sanctions as “meaningless”, saying they would threaten economic growth in the […]
Read MoreIsle of Man: Financial Sanctions Regimes
BACKGROUND 1. Due to the on-going conflicts in Syria and Ukraine, there has been much in the press recently about financial and economic sanctions being imposed against countries and territories and entities in those countries/territories. 2. However, sanctions are applied to many different organisations and individuals – at the time of writing, the Isle of […]
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