The European Council today approved extending economic sanctions targeting specific sectors of the Russian economy through the end of January.
The expected move extends sanctions on Russia that were first introduced two years ago and have been repeatedly extended. In recent weeks, some EU leaders have softened their stance on the sanctions, though German Chancellor Angela Merkel has remained firm on an extension.
The measures ban 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.
The end of the penalties has been tied to Russia’s fulfillment …read more
Source: European Voice
