The European Union already imposed sanctions on Russia in March over its stealth invasion and annexation of Crimea, but those lacked teeth. In the week after Russian-backed separatist accidentally shot down Malaysia Flight MH17 on July 17, killing 298 people, some EU members have urged much tougher sanctions. But that is unlikely for a number of reasons, including the fact that London is a hotbed for Russian money, and France is in the process of selling Moscow two warships. Furthermore, imposing sanctions requires agreement from all 28 EU member states . Another key factor is Europe’s reliance …read more
Source: Business Insider
