EU to Unveil New Sanctions Targeting Putin’s Inner Circle Wednesday

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The European Union is to adopt and publish Wednesday a new list of individuals close to Russia’s president inner circle and entities to be subject to sanctions over their "role" in taking decisions on Crimea and Ukraine, an EU source said.

BRUSSELS, July 28 (RIA Novosti) – The European Union is to adopt and publish Wednesday a new list of individuals close to Russia’s president inner circle and entities to be subject to sanctions over their "role" in taking decisions on Crimea and Ukraine, an EU source said.

“Coreper agreed to add further persons and entities supporting or benefitting from Russian decision makers ("cronies") to the list of those subject to an asset freeze and a ban from entering the EU. It also reached agreement to target further entities responsible for action against Ukraine's territorial integrity,” the EU official said.

“The legal acts bringing these agreements into force will be adopted by written procedure closing on Wednesday and will be published in the Official Journal late on Wednesday 30 July,” the source said.

Reuters reported earlier Monday that the EU reached a preliminary agreement on Monday on a list of associates of President Vladimir Putin and companies. The list is in addition to 87 people and 20 organizations already subject to EU sanctions, the agency said.

The Wall Street Journal earlier said that the EU is due to include five individuals and two companies to the list over the Ukraine crisis.

The Russian Foreign Ministry previously called the «language of sanctions» counterproductive and said these measures would have a boomerang effect on European economies.

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