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Source: http://www.ynetnews.com/articles/0,7340,L-4683209,00.html
EU: No Plans to Boycott Israeli Banks
(Ynet News) Itamar Eichner - The EU is not planning to impose sanctions on Israeli banks, a senior EU official said Wednesday, after an EU think tank released a report recommending such action. "We have no intention of imposing restrictions on Israeli banks that do business in the settlements. This entire issue is complete nonsense. This issue has never been considered," the diplomat said.