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EU to bring in new Russia sanctions

The European Union (EU) has decided on new sanctions against Russia over its actions in Ukraine.

Three diplomats in Brussels say the ambassadors of the 28-nation bloc agreed today that the sanctions would take effect tomorrow following their publication in the EU's official journal.

The diplomats declined to provide details of the new economic measures but said they will include previously-announced measures to further curb access to European capital markets for Russian firms.

The EU had twice postponed the sanctions' adoption since last Friday to assess the impact of the cease-fire in eastern Ukraine.

The diplomats said the sanctions can be reversed once the situation on the ground improves.


From Belfast Telegraph