BRUSSELS (Reuters) – European Union leaders will agree on Thursday to prolong for another six months the bloc’s economic sanctions on Russia, imposed over the annexation of Ukraine’s Crimea region and Moscow’s support for rebels in east Ukraine.
The main sanctions, which target Russia’s energy, defense and financial sectors, would otherwise be due to expire at the end of January 2018. EU leaders meeting in Brussels on Thursday will agree an extension until mid-2018, officials and diplomats in Brussels said.
Moscow says it will never return Crimea, which it annexed in 2014 in a move that has not been recognized internationally. Western countries say Russia has also been providing a lifeline to separatists in eastern Ukraine, where a conflict has killed more than 10,000 people since 2014.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Source: Investing.com