BRUSSELS (Reuters) – European Union leaders agreed on Wednesday to sanction Russian companies that help destabilise Ukraine and to block new loans to Russia through two multilateral lenders.
The decision is a significant ratcheting-up of European pressure on Russia although it falls short of the hard-hitting economic measures against Russia for which the United States and hawks in the EU were pushing.
BRUSSELS (Reuters) – European Union leaders want to block loans for new projects in Russia by two multilateral lenders and broaden the scope of other sanctions in response to Moscow’s actions in Ukraine, according to a draft statement seen by Reuters.
The EU leaders, who meet in Brussels later on Wednesday, will step up sanctions because pro-Russian rebels in eastern Ukraine have not met their demands to end the violence there.
BRUSSELS (Reuters) – European Union leaders, under U.S. pressure to take a tougher stance towards Russia over the Ukraine crisis, could give the go-ahead on Wednesday to new sanctions but they will fall short of the far-reaching economic measures Washington wants.
EU leaders, who meet in Brussels on Wednesday evening, are likely to give a green light to expanding the list of Ukrainians and Russians targeted with EU asset freezes and visa bans, diplomats said.
BRUSSELS, July 8 (Reuters) – Ukraine’s deputy prime minister
told international donors on Tuesday that a $17 billion
International Monetary Fund bailout was “not enough” because of
“unprecedented Russian-inspired aggression”.
Vice Prime Minister Volodymyr Groysman urged international
donors at a meeting in Brussels to support a “Marshall Plan” for
economic recovery that the government will present at a donors’
conference expected to be held in the autumn.
BRUSSELS, June 27 (Reuters) – Ukraine signed on Friday an
historic free-trade agreement with the European Union that has
been at the heart of months of violence and upheaval in the
country, drawing an immediate threat of “grave consequences”
Georgia and Moldova signed similar deals, holding out the
prospect of deep economic integration and unfettered access to
the EU’s 500 million citizens, but alarming Moscow which is
concerned about losing influence over former Soviet republics.
BRUSSELS, June 26 (Reuters) – European Union leaders will
urge Russia on Friday to stop the flow of weapons and militants
across its border with Ukraine and will threaten tougher
sanctions, according to a draft statement seen by Reuters.
EU officials said it was unlikely however that the leaders
would actually give the go-ahead to new sanctions at the summit,
when they will be briefed by Ukrainian President Petro
BRUSSELS (Reuters) – Russian President Vladimir Putin’s response to a peace plan for Ukraine will decide whether the United States and Europe step up sanctions, U.S. Secretary of State John Kerry said on Wednesday.
The United States was delighted that Putin had asked the upper chamber of Russia’s parliament to retract a law enabling him to intervene militarily in Ukraine, Kerry said, “but it could be reversed in 10 minutes.”
BRUSSELS/SLAVIANSK, Ukraine (Reuters) – Western powers warned Russia on Wednesday that they could impose new sanctions if it did not do more to defuse the conflict in eastern Ukraine, where a ceasefire between Russian-speaking rebels and government forces appeared to be crumbling.
The upper house of Russia’s parliament fulfilled a request by President Vladimir Putin to rescind the right to invade Ukraine in defense of its Russian speakers that it had granted him in March.
BRUSSELS (Reuters) – NATO will stop short of approving a formal step to membership for Georgia at its summit in September, officials said on Wednesday, dodging a possible confrontation with Moscow over the alliance’s expansion to Russia’s neighbours.
NATO members agreed in principle to draw up a “substantive package” of cooperation with Georgia that would help it move closer to NATO, Secretary-General Anders Fogh Rasmussen told reporters at a meeting of alliance foreign ministers.
BRUSSELS (Reuters) – The head of NATO said on Wednesday he saw no sign that Russia was respecting its international commitments over Ukraine as Britain warned Moscow it could face tougher European Union sanctions unless it acted to stop fighting in eastern Ukraine.
NATO has already suspended all practical cooperation with Russia over Moscow’s annexation of Ukraine’s Crimea region though it has kept open high-level political contacts.