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2014-09-08 18:25:00

RUSSIA SANCTIONS: START BUT STOP

RUSSIA SANCTIONS: START BUT STOP

The European Union slapped new economic sanctions on Russia on Friday, but said they could be suspended if Moscow withdraws its troops from Ukraine and observes a ceasefire.

Some provisions will make it harder for Russian state-owned firms to raise finance in the EU. Diplomats expect them to hit, among others, the oil company Rosneft and units of Gazprom, though not the gas firm itself, a main supplier to the EU.

A further 24 people were added to a list of those barred from entry to the bloc and whose assets in the EU are frozen.

"The ambassadors…

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Tags: EU, RUSSIA, SANCTIONS

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RUSSIA SANCTIONS: START BUT STOP
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U.S. RIGS DOWN 10 TO 1,012

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