PARIS—EU sanctions against Russia over the crisis in Ukraine are cutting both ways: hurting Russia as well as pinching some big European companies. But economic relief isn’t likely any time soon, diplomats and analysts say, since EU divisions make the sanctions tough to overturn.
France, Germany, Russia and Ukraine are trying to set up talks in Astana, Kazakhstan, to ease the tensions behind the sanctions that have hit the Russian economy, sent the ruble sinking and affected corporate Europe — including banks, oil companies, machinery makers and food giants.
European Union rules complicate any attempt to modify the sanctions put into place …read more
Source: The Epoch Times
