Economics

EU to Weigh Extension of Russia Sanctions, Won’t Tighten Them

  • Mogherini expects ‘political discussion’ over prolongation
  • Decision requires EU unanimity or curbs will lapse on July 31
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The European Union will consider extending economic sanctions against Russia, but will stop short of tightening them, foreign-policy chief Federica Mogherini said.

Trade and investment curbs to punish Russia for its takeover of Crimea and intervention in eastern Ukraine in 2014 are set to lapse on July 31 and require a unanimous 28-nation vote to be prolonged.