The EU has confirmed it's going to strike Russia's diamond industry in upcoming sanctions, spelling trouble for mining giant Alrosa and dozens of other companies.
"We are in the process of preparing the 12th package of sanctions. In particular, we are looking into how to cut the remaining revenues Russia draws from exports of diamonds to Europe and its partners," said European Commission president Ursula von der Leyen in Brussels on Friday (29 October).
She spoke after meeting t...
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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.