• French FinMin Le Maire: Europe is thinking and working on new sanctions on Russia

Market news

24 February 2023

French FinMin Le Maire: Europe is thinking and working on new sanctions on Russia

“Europe is thinking and working on new sanctions on Russia,” French Finance Minister Bruno Le Maire said while speaking at the G20 meeting on Friday.

Additional quotes

G20 has to condemn Russia’s aggression against Ukraine

G20 must condemn russia at finance levels, and we must not go back on the leaders statement in Bali.

Support additional sanctions on Russia.

Market reaction

EUR/USD is testing lows just below the 1.0600 level on the above comments. The pair is almost unchanged on the day.

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