Home > News > World
Friday June 27, 2014 MYT 9:40:02 PM
Friday June 27, 2014 MYT 9:40:58 PM
BRUSSELS (Reuters) - The European Union could expand its sanctions against Russia over the Ukraine crisis as early as next week, by targeting more people and companies with asset freezes, if Ukrainian rebels do not act to de-escalate tensions, diplomats said on Monday.
"That's possible. If there is no movement, member states could look at imposing new sanctions in the coming week," one EU diplomat said, speaking on condition of anonymity. Two other diplomats confirmed his assessment.
EU leaders meeting in Brussels on Friday said they expected Ukrainian rebels to agree by Monday to a verification mechanism for a ceasefire and the effective control of the border, return three border checkpoints to Ukrainian authorities, release hostages and launch substantive negotiations on implementing President Petro Poroshenko's peace plan.
EU governments will likely assess the situation after the Monday deadline expires and decide whether more sanctions were needed, diplomats said.
However, they said any immediate response would likely amount to adding new names to the existing sanctions list, rather than imposing more far-reaching economic measures. That would only decided when EU leaders meet next, possibly in mid-July.
(Reporting by Justyna Pawlak; editing by Adrian Croft)
Egypt parliamentary poll looks set for delay after court ruling
Yemen's Hadi says Saleh conspired with Iran to undermine power transfer deal
India's Modi passes budget test despite lack of reform dazzle
Israeli activists pitch tents in pre-election housing protest
Malaysians abroad share how they celebrate our local festivals
8 Incredible food and wine adventures you can do in Australia!
Dear Thelma: I suspect my wife sees me as a meal ticket
Disenchanted by farm stay and B&B experience in New Zealand
The Lego Movie spins off into Legoland 4D film
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)