EU lays groundwork for sanctions on Russian companies


  • World
  • Friday, 09 May 2014

BRUSSELS (Reuters) - European Union governments have laid the groundwork for possible sanctions against Russian companies, including energy giants, over Ukraine, but diplomats say there is little appetite for now to impose any far-reaching measures.

Senior EU diplomats reached a preliminary agreement late on Wednesday to expand the legal criteria for imposing sanctions on Russia, with the goal of making it easier to freeze the assets of companies involved in the Ukraine crisis.

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