21 Mar 2014
Ukraine crisis deepening will result in economic sanctions - Germany’s Merkel
FXStreet (Barcelona) - Germany’s Merkel crossed the wires saying that the escalation in Ukraine will result in economic sanctions, with Reuters and Bloomberg adding further comments.
Merkel added that "economic sanctions would take effect if further escalation in Ukraine or wider destabilisation", also saying that "EU leaders asked European Commission to prepare for possible broad economic sanctions against Russia over Crimea."
Meanwhile, French President Hollande said "12 Russians, Ukrainians added to sanctions list", with EU’s Van Rompuy noting that "any further steps by Russia to destabilize Ukraine will have far-reaching consequences", and warning that "the shadow of sanctions affecting Russia already." EU is expected to launch its own observer mission to Ukraine in absence of credible OSCE mission, the last headlines indicated.
Merkel added that "economic sanctions would take effect if further escalation in Ukraine or wider destabilisation", also saying that "EU leaders asked European Commission to prepare for possible broad economic sanctions against Russia over Crimea."
Meanwhile, French President Hollande said "12 Russians, Ukrainians added to sanctions list", with EU’s Van Rompuy noting that "any further steps by Russia to destabilize Ukraine will have far-reaching consequences", and warning that "the shadow of sanctions affecting Russia already." EU is expected to launch its own observer mission to Ukraine in absence of credible OSCE mission, the last headlines indicated.