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Bloomberg: Germany ‘ready to consider’ adding Sberbank into next package of EU sanctions.

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Bloomberg reported on April 28, citing its anonymous sources, that Germany “had been concerned that sanctioning Sberbank would disrupt energy-related transactions.” In recent weeks, however, Germany “has moved quickly to tap alternative suppliers for energy and is now preparing to back a phased-in ban on Russian oil,” Bloomberg reports.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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With Russia continuing to wage an unprecedented campaign against Ukrainian businesses, Ukraine’s Economy Ministry has downgraded its forecast for the country’s economic growth this year from 1.3% to 0.5%, as Moscow targets key industries such as steel production, e-commerce, and ports.

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