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The European Union has passed tough sanctions on Russia targeting the country's banks, energy and defence sectors. Russia said the measures will inevitably lead to suffering in Europe. First on the new list: Russian banks where the state owns more than 51 percent of the capital. They will no longer be able to re-finance themselves from the European financial markets. Also targeted is the defence sector. The EU has embargoed the export of military goods to Russia, including dual use goods tha… READ MORE : http://www.euronews.com/2014/07/30/russia-sanctions-threaten-to-rebound-on-eu What is in the news today? Click to watch: https://www.youtube.com/playlist?list=PLSyY1udCyYqBeLGPTLVZMp8kczDH7_5Ni euronews: the most watched news channel in Europe Subscribe! http://www.youtube.com/subscription_center?add_user=euronews euronews is available in 14 languages: https://www.youtube.com/user/euronewsnetwork/channels In English: Website: http://www.euronews.com/news Facebook: https://www.facebook.com/euronews Twitter: http://twitter.com/euronews Google+: http://google.com/+euronews VKontakte: http://vk.com/en.euronews