Austria will feel a pinch but be able to handle European sanctions against Russia over its role in Ukraine's political crisis, Economy Minister Reinhold Mitterlehner said. Mitterlehner did not specify which companies might be hit by the sanctions formally adopted by the European Union on Thursday, which include export bans on advanced oilfield equipment. Shares in Cat Oil AG , a Vienna-based oil and gas field service contractor, fell on Friday after it said Russia sanctions could slow its growth. Mitterlehner also did not say whether limits on exports of farm products were new or referred to bans from earlier this year on certain dairy and meat products amid hygiene issues cited by Russia. Read More http://ift.tt/1uSQBwc
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