BRUSSELS—The European Union has decided to slap new economic sanctions on Russia — including ones targeting the country’s vital oil industry — for what it sees as Moscow’s meddling in eastern Ukraine.
The sanctions will further curb access to European capital markets for Russian banks and firms, limit exports of certain high-technology goods and target more officials with travel bans and asset freezes, the EU said in statement.
The sanctions will take effect Friday following their publication in the EU’s official journal but will be reversible if the situation in eastern Ukraine improves. A review of the measures will be carried out …read more
Source: The Epoch Times
