EU reaches preliminary deal on Russia economic sanctions




 
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EU reaches preliminary deal on Russia economic sanctions
 
July 25th, 2014  
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Topic: EU reaches preliminary deal on Russia economic sanctions


EU reaches preliminary deal on Russia economic sanctions
By Adrian Croft and Barbara Lewis BRUSSELS (Reuters) - European Union ambassadors reached a preliminary agreement on Friday to push ahead with hard-hitting economic sanctions against Russia over the Ukraine crisis but details remained to be worked out, diplomats said. The 28-nation EU has toughened its stance towards Moscow since last week's downing of a Malaysian airliner in an area of eastern Ukraine held by Russian-backed separatists. After a discussion that lasted all day Thursday and part of Friday, ambassadors asked the EU's executive Commission to draw up a legal text setting out economic sanctions that the EU would impose for possible agreement next week.




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