Tensions in Ukraine again grabbed the headlines as Crimean parliament has voted to join Russia and a referendum would be held on March 16 for endorsing the move. This has unnerved both Ukraine’s interim government and the US. While Ukraine’s interim PM Yatsenyuk warned of the illegitimacy of the referendum, US President Obama has signed an executive order authorizing sanctions on persons and entities responsible for violating the sovereignty and territorial integrity of Ukraine, including travel restrictions. European leaders would meet today, but nothing morning than a warning to Russia is expected.
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Ukraine, ECB in Focus
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