The four biggest EU states and the US have said they’ll increase economic sanctions on Russia if it escalates fighting in Ukraine.
The warning came in a joint statement by the G7 summit in Schloss Elmau, Germany, on Monday (8 June).
They said: “We … stand ready to take further restrictive measures in order to increase costs on Russia should its actions so require”.
They also said existing sanctions should stay in place until there’s “complete implementation of the Minsk a...
Back our independent journalism by becoming a supporting member
Already a member? Login hereAndrew 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.
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.