EU Sanctions Loophole Lets UniCredit Move Forward | Business and Finance News

EU sanctions just dropped a narrow exemption that could finally let UniCredit close a 2015 deal stuck since the Ukraine invasion—allowing the bank to fulfill pre-2022 contractual obligations tied to Russian businessmen Fridman and Aven, while also advancing its broader exit from Russia. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1334a2d22a4272ff