German industry lobby supports tougher sanctions on Russia


  • World
  • Monday, 28 Jul 2014

BERLIN (Reuters) - Germany's main business lobby on Monday backed tougher sanctions on Russia, saying such pressure may help solve the conflict in Ukraine, although it could damage both the German and European Union economies.

The EU has frozen assets and banned travel for some Russian officials, after Russia annexed Ukraine's Crimea region and began supporting separatists fighting Kiev's forces in eastern Ukraine.

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