Tags: Merkel | Germany | Russia | sanctions

Merkel Says Russia Economic Sanctions Won't Be Expanded for Now

Tuesday, 11 Nov 2014 10:14 AM

German Chancellor Angela Merkel said further economic sanctions against Russia aren’t planned for now even as a cease-fire in eastern Ukraine fails to hold.

While the European Union is considering expanding sanctions on Russians to people associated with “illegal” elections in rebel-held areas of Ukraine, the focus is on the humanitarian situation and “actually getting a cease-fire,” Merkel said at a news conference in Berlin today.

“Beyond that, further economic sanctions aren’t planned for the moment,” she said. “And we are certainly examining all reports that say weapons are being shipped into the region again. That certainly wouldn’t contribute to stabilizing the situation.”

Merkel, who has helped lead the EU’s response to the crisis that has escalated since Russia occupied Crimea, said she would “use the opportunity” to discuss the conflict with Russian President Vladimir Putin and Ukrainian President Petro Poroshenko.

Ukraine’s government said today that the separatists have announced a full mobilization in eastern Ukraine, where a cease- fire has crumbled in the past week. EU foreign ministers plan to discuss “restrictive measures” against Russia next week, Maja Kocijancic, an EU spokeswoman, said in Brussels.

© Copyright 2017 Bloomberg News. All rights reserved.

   
1Like our page
2Share
Economy
German Chancellor Angela Merkel said further economic sanctions against Russia aren't planned for now even as a cease-fire in eastern Ukraine fails to hold.
Merkel, Germany, Russia, sanctions
186
2014-14-11
Tuesday, 11 Nov 2014 10:14 AM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved