EU leaders are agreed to broaden sanctions on Russian companies
BRUSSELS: European Union leaders agreed on Wednesday to expand sanctions against Russia
to target companies that help to undermine Ukrainian sovereignty and
to draw up a first list of companies and people to be targeted with
asset freezes by the end of July.
EU leaders also decided to ask the EU's bank, the European Investment Bank, to suspend new lending for Russia and to seek the suspension of new lending to Russia by the European Bank for Reconstruction and Development, according to a statement issued at an EU summit.
The EU will also look into the possibility of targeting companies and people that support Russian decision-makers responsible for annexing Ukraine's Crimea region or destabilising eastern Ukraine.
EU leaders also decided to ask the EU's bank, the European Investment Bank, to suspend new lending for Russia and to seek the suspension of new lending to Russia by the European Bank for Reconstruction and Development, according to a statement issued at an EU summit.
The EU will also look into the possibility of targeting companies and people that support Russian decision-makers responsible for annexing Ukraine's Crimea region or destabilising eastern Ukraine.
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