Moscow headed deeper into international isolation on Sunday as Ukraine’s Crimean peninsula voted overwhelmingly to rejoin Russia in a referendum condemned by the EU and US as illegal.
With Russia set to face international sanctions over the referendum as early as today, its central bank has told lenders emergency liquidity measures first used in the 2008 financial crisis could be swiftly reactivated if needed, financiers in Moscow said.
Concerns continued to mount, meanwhile, that the military confrontation between Russia and Ukraine could escalate beyond Crimea. As tens of thousands of Russian troops massed for “exercises” just east of Ukraine, Kiev’s government yesterday sent soldiers and equipment to reinforce its eastern border.
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