Russia sanctions update

Following the downing of flight MH17, the EU has bolstered its stance against Russia and has increased sanctions on the state. However, broader and tougher sanctions are being called for.

On 22 July 2014, the European Council agreed to accelerate the asset freeze and travel bans that were concluded by the European Council at a special meeting on 16 July. These are to be imposed on entities, including from the Russian Federation, that are ‘materially or financially supporting actions undermining or threatening Ukraine’s sovereignty, territorial integrity and independence’. It has been stated that this will include members of Vladimir Putin’s inner circle…

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