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 Nothing stops extention of sanctions against Russia, - Merkel

German Chancellor Angela Merkel confirmed Tuesday night that the European Union would extend economic sanctions against Russia.

Censor.NET informs citing The Wall Street Journal.

Citing an agreed cease-fire in Ukraine that has never gotten off the ground, Ms. Merkel said that she and French President François Hollande made clear to EU leaders in Brussels "that the extension of the sanctions...is sadly necessary."

EU ambassadors agreed last week in principle to extend the sanctions by six months, to the end of January 2017. The decision was delayed because of Italian demands that it be discussed first at the EU leaders meeting and a French requirement to run the measures by its parliament.

It is expected that the formal rollover of the sanctions will now happen in the coming days.

"There's nothing stopping the extension of the sanctions," Ms. Merkel said, following a meeting of EU heads of state in Brussels on Tuesday.

In the end, there was only a brief discussions of sanctions at the EU leaders meeting.

European Council President Donald Tusk has promised a broader discussion of EU sanctions on Russia and EU ties with its eastern neighbor for October.

As previously reported, in 2014, the European Union, the United States and several other countries imposed sanctions against Russia in connection with the occupation of Crimea and aggression in eastern Ukraine. These restrictive measures were repeatedly extended and expanded. In particular, the talks on visa waiver and a new basic agreement on cooperation were suspended; several Russia's officials were banned to travel to the EU while their assets were attached. Trade, financial, and military restrictions were introduced. The sanctions list included a total of 151 individuals and 37 entities. The sectoral sanctions were imposed against 20 Russian financial, oil-producing and defense companies.
 
 
 
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