Germany Expects Tough Sanctions on Russia by End of July

The German government believes the European Union could move to sanctions on sectors of the Russian economy by the end of July unless Russia acts quickly to defuse the crisis in eastern Ukraine.

Censor.NET reports aboutit, citing Reuters.

German officials in Brussels have also briefed that Berlinfavours a time limit on how long new Russian sanctions should lastto provide an opportunity for relations to return to normal, the EUsource said.

Read also: Panic on Moscow Exchange due to Threat of new EUSanctions

EU ambassadors will discuss for the first time on Thursdayimposing sanctions on sectors of the Russian economy, known in EUjargon as "stage three" of sanctions.

German officials said "the transition to stage three ofsanctions should follow seamlessly and can be expected by the endof the month," the EU source said.

Источник: https://en.censor.net.ua/n295179