European Union governments have agreed to impose new sanctions against Russia that will target, among other areas, its defense sector, with Washington poised to follow. Experts agree the measures were long in coming but there seems to be little agreement over how painful they will be for Russia – and for Europe itself.
Agreed to by European Union ambassadors meeting in Brussels, the new sanctions are expected to go into effect rapidly. While the details are still sketchy, the measures aim to hit sensitive areas of Russia’s economy, including its oil, technology, banking and defense sectors. The ambassadors also extended …read more
Source: Voice of America
