EU adopts toughest Russian sanctions yet, targets 5 Russian banks


  • World
  • Friday, 01 Aug 2014

BRUSSELS (Reuters) - The European Union has published a law that will curb arms sales to Russia and to cut off financing for five major Russian banks over Moscow's support for rebels in Ukraine.

Russia has denounced the measures, agreed by the 28 EU member states on Tuesday, as "destructive and short-sighted", while fighting has intensified in eastern Ukraine between Kiev forces and the pro-Russian separatists.

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