bne_newspaper_August_18_2017

bne:Newspaper Follow us on twitter.com/bneintellinews
Content:
2 Top Stories
4 The Regions This Week 8 Chart
10 Central Europe 12 Southeast Europe 14 Eastern Europe 16 Eurasia
18 Opinion
20 Lists24 Lists
August 18, 2017 www.intellinews.com
Russian bank Otkritie significantly reduces its holding of Russia 2030
Eurobonds
bne IntelliNews
Wobbling Russian bank Otkritie has dramatically reduced its holding of Russian sovereign Eurobonds that mature in 2030.
Previously, the bank was the largest single holder of the bonds. The bank reported it held a 60% share in the entire 2030s worth
Rouhani warns Iran could exit nuclear deal “in hours” if US doesn’t let up
bne IntelliNews
President Hassan Rouhani has warned that
Iran could quit the 2015 nuclear deal with
world powers “within hours” if the Trump administration keeps tightening its unilateral sanctions screw. If Tehran abandoned the agreement, the Islamic Republic would return to its previous nuclear development programme,
RUB496.2bn (€7.14bn) at the end of 2016.
However, according to Otkrytie’s quarterly report the holding has fallen by about 85% to RUB85.4bn (€1.2bn equivalent) worth of the
See page 2
Signatures on the 2015 nuclear deal approved by Barack Obama and the leaders of five other major powers as well as Iran.
which would be at a more advanced stage than it was when it was withdrawn in return for the curbing of multilateral sanctions, Rouhani cautioned.
See page 3