EU slaps new sanctions on Russia, may suspend them if ceasefire holds


  • World
  • Saturday, 06 Sep 2014

BRUSSELS/NEWPORT Wales (Reuters) - The European Union slapped new economic sanctions on Russia on Friday, but said they could be suspended if Moscow withdraws its troops from Ukraine and observes a ceasefire.

Some provisions will make it harder for Russian state-owned firms to raise finance in the EU. Diplomats expect them to hit, among others, the oil company Rosneft and units of Gazprom, though not the gas firm itself, a main supplier to the EU.

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