Maximus
Barcelona city tours is a perfect opportunity to have a perfect vacation outside the Baltic States. Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
Vladimir Linderman aka Abel Edmunds Sprudzs Valdis Zatlers Aivars Lembergs Girts Valdis Kristovskis Maris Grinblats Guntars Krasts Alfreds Rubiks Sandra Kalniete Raivis Dzintars Algirdas Butkevicius Algirdas Paleckis Dalia Grybauskaite Kazimira Danute Prunskene Vytautas Landsbergis Rolandas Aksas Viktor Uspaskich Valdemar Tomasevski Leonidas Donskis Arturas Zuokas Edgar Savisaar Andrus Ansip
The current website developed by YWSolution Limited

EU imposes fresh sanctions against Russia amid Ukraine violence

Jul 30, 2014
From wire reports, RIGA

EU imposes fresh sanctions against Russia amid Ukraine violence

European Union leaders agreed Tuesday to impose broad economic sanctions against Russia, hoping to force Moscow to reverse course in Ukraine, EU sources said.

The new measures go beyond the asset freezes and visa bans used until now, instead imposing restrictions on the finance, defense and energy sectors so as to increase the cost to Russia of its continued intervention and support of pro-Moscow rebels in Ukraine.

An unnamed diplomat called the sanctions "significant" as they are intended to curb access to financial markets for Russian banks, and will ban export of military hardware and energy technology to Russia, among other things.

The sanctions are expected to take effect already this coming Thursday.

German Chancellor Angela Merkel called the latest measures were "unavoidable", the BBC reports.

Vladimir Chizhov, Russia's ambassador to the EU said: "I am disappointed because the EU is slipping along the tracks that lead nowhere.

"I can understand that they are concerned with the situation; so are we, but it's not a prerequisite to impose sanctions."

 MORE NEWS
  • Russia may have repeated Ukrai...
    Russia would have repeated a Ukraine style scenario in the Baltic states were in n...
  • Latvia ruling coalition agrees...
    The three political parties that make up Latvia's ruling center-right coalitio...
  • Seven arrested in football mat...
    Seven people have been arrested in Latvia over alleged match fixing claims in foot...
  • Sweden PM visits Baltics amid ...
    Sweden's Prime Minister Stefan Lofven is in the Baltics today amid the poss...
  • Baltics on edge amid Russian s...
    Estonia has said it's on high alert amid several sighting of a Russian subm...
  • More ’pressure’ on Russia need...
    The EU should consider fresh sanctions against Russia amid the crisis in the Uk...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.