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Exclusive-War threatens Russian banking crisis, European intelligence report says

  • EU intelligence warns Russia could face an "explosive" banking crisis as banks are forced to prop up the war economy.
  • The EU is preparing new sanctions that could blacklist over 100 banks and target crypto networks — moves that might trigger financial shocks.
  • Signs of strain: rising bad loans and bankruptcies, a surge in cash held outside banks, and lenders boosting reserves despite official reassurances.
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