The European Union (UN) is expected to extend on Wednesday the sanctions against Russian and Ukrainian individuals and companies by six months.
The assets of 150 people and 37 companies will remain frozen and they will continue to be subject of travel bans until March 2016, when the sanctions will be reviewed again, EUobserver informs.
The sanctions, which have been imposed by the EU in stages since April 2014, are targeting individuals and companies related to Russian authorities and the pro-Russian leadership in Ukraine.
The blacklists go along with measures against the banking sector, arms industry and energy sector of Russia, which were …read more
Source: Novinite
