EU to Discuss New Military, Financial Sanctions Against Russia – Finish Prime Minister

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The European Union will discuss new sanctions against Russia in finance, arms, dual-use goods and energy technology areas, Finnish Prime Minister Alexander Stubb said on Saturday.

BRUSSELS, August 30 (RIA Novosti) - The European Union will discuss new sanctions against Russia in finance, arms, dual-use goods and energy technology areas, Finnish Prime Minister Alexander Stubb said on Saturday.

“We most probably not going to put forward for the further sanctions but we will probably talk about them in the light of the four previous areas, in other words, financial services, arms, dual goods and energy technology,” the Finnish prime minister told reporters before a EU summit in Brussels.

Meanwhile, Lithuanian President Dalia Grybauskaite said that the European Union is more up to economic sanctions.

On Saturday, the European Council gathers in Brussels to appoint senior positions and discuss further economic sanctions against Russia over Ukraine.

Relations between Russia and the West have deteriorated in regard to the situation in Ukraine. The West has repeatedly accused Russia of building up forces on its border with eastern Ukraine and supplying independence supporters with weapons, a claim Moscow has rejected.

In late July, the European Union and the United States proceeded from individual sanctions imposed on a number of people and companies to penalties on whole sectors of the Russian economy. In response, Russia limited food imports from countries that imposed sanctions on it, namely the US, the EU member states, Canada, Australia and Norway.

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