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Emerging MarketsEM CEE

Greece plays Russian sanctions card, but is it a trump?

Greece's new government on Tuesday said that the EU did not have their consent for the statement released condemning Russia's alleged involvement in the Ukraine crisis and calling for broader sanctions. Analysts see the move as one designed to put pressure on the EU for a re-profiling of the country’s debt and has raised questions around whether the EU will now be able to escalate Russian sanctions without giving in to Greece.

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