German Chancellor Angela Merkel said Tuesday the EU should extend sanctions against Russia because of a lack of progress in eastern Ukraine and Moscow’s disregard of the ceasefire.
EU sanctions targeting specific sectors of the Russian economy such as finance and energy were first imposed in July 2014 after Russia’s military action in Ukraine.
In July, the EU decided to prolong sanctions until January 31, 2017.
In March 2015, the EU linked the economic sanctions to Moscow’s full implementation of the Minsk agreement, the accord signed by Russia and Ukraine in 2014 to end the conflict in the region.
“It will be necessary to …read more
Source: European Voice
