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Christmas in Moscow. 'The purchasing power of Russian consumers is in continuous decline,' Raiffeisen bank said (Photo: Alex F)

EU states agree six-month Russia sanctions

EU states’ ambassadors in Brussels on Friday (18 December) agreed to extend Russia economic sanctions for six months, despite an earlier obstruction by Italy.

EU capitals will ratify the decision by written procedure on Monday. The act will become legally binding the next day, when it's published in the bloc's Official Journal.

Ambassadors agreed the point without discussion shortly after an EU summit, in which Italian PM Matteo Renzi briefly raised the subject.

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Christmas in Moscow. 'The purchasing power of Russian consumers is in continuous decline,' Raiffeisen bank said (Photo: Alex F)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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