THE European Union will be ready to impose a second package of sanctions against it Russiawhich will include a restriction on exports, in the event that Russian troops move outside Ukrainian territories controlled by pro-Russian separatists, the Vice President of the Commission said today, Valdis Dobrovskisin an interview given to Reuters.
O Vladimir Putin on Monday recognized the independence of two of its regions Donbass (Donetsk and Lugansk) in the east Ukrainewhich border Russia.
THE Moscow The European Union, the United States and Britain have announced sanctions against Russian politicians and banks, limiting the Kremlin’s ability to raise funds through European financial markets.
However, Brussels is worried that Russia may continue its invasion beyond the separatist-controlled areas and that EU leaders will hold an emergency meeting tomorrow, Thursday, to discuss their next steps.
Pointing out that Russia has decided to escalate the crisis by recognizing the independence of Donetsk and Lugansk in eastern Ukraine, Dobrovskis warned that “if there is further aggression and Russian invasion of Ukraine, we are ready to strengthen our with regard to sanctions “.
Asked what that could mean, Dobrowski said: “It would be about financial sanctions in the trade sector, for example export restrictions. “The European Union has been working on the sanctions package for weeks, so there are ways we can act quickly and further strengthen the sanctions, in cooperation with the United States, Britain and other countries.”
THE vice president of Commission admitted that the crisis, sanctions and Russian countermeasures will have an economic impact on the EU, but the importance of the stakes is so great that the “27” will have to accept it.
“Strict sanctions on Russia will have an impact on the EU economy and we must be prepared for that,” Dobrovskis said, adding that the stakes are so high that the European Union must react and bear the financial cost if this is inevitable.
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