West threatens Russia with more sanctions

Leaders of the seven most developed countries have warned Russia they are ready for new sanctions if there is no progress in resolving the Ukrainian crisis.

Source: Tanjug

Thursday, 05.06.2014.

12:23

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West threatens Russia with more sanctions

They gathered last night at an informal meeting, which will continue today, and Russia and Ukraine are the main topics.

German Chancellor Angela Merkel also threatened Moscow with tightening of sanctions in a separate news conference.

We can not afford further destabilization of Ukraine, Merkel told reporters in Brussels, adding that the West is very carefully checking whether the situation in southeastern Ukraine is calming.

If there is no progress, we have to decide on sanctions, even very severe sanctions from the third stage, she warned.

According to the previous agreement of Western leaders, the third phase of sanctions could include Russia's state-owned enterprises and breaking the existing trade arrangements.

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