The EU will extend for six months its economic sanctions against Russia, the Council announced on Monday, noting that the conditions of the Minsk peace deal have not been met.
The bloc imposed the sanctions in July 2014 and revised them in September 2014 after a deterioration of the situation in eastern Ukraine, where the country’s army was pushed back by heavily-armed separatists backed by Russia.
The measures put an embargo on the import and export of certain energy-related equipment and military material, and target five major state-owned Russian banks as well as some defense and energy companies.
Brussels tied any abolition of …read more
Source: European Voice
