Sunday, March 02, 2014

EU to discuss freezing Russian assets


European foreign ministers will consider imposing targeted asset freezes on Russia at
an emergency meeting in Brussels today.
With the crisis in Crimea escalating, on Saturday EU foreign policy chief Catherine Ashton convened an extraordinary meeting of foreign ministers, the second such emergency meeting in 10 days.

A number of countries, including the United Kingdom, are expected to call for certain asset freezes to be imposed. Yesterday, US secretary of state John Kerry said Russia could be isolated economically by G8 countries and others as a result of its “act of aggression” in Crimea .... http://www.irishtimes.com