By Elizabeth Hearst for AMLi
European Commission President Ursula von der Leyen (VDL) says Russia will be “cut off” from the international financial markets only if it invades Ukraine – not before such an eventuality.
Ms von der Leyen said the economic sanctions against Russia would hit “all goods we make that Russia urgently needs to modernise and diversify its economy, where we are globally dominant and they have no replacement.”
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