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Ukraine and the EU

Latest business news about Ukraine and the European Union.

EU slaps asset freeze, travel ban on Putin's Bank Rossiya cronies 31 July 2014, 00:05 CET
The EU on Wednesday imposed an asset freeze and travel ban against two close associates of President Vladimir Putin who are leading shareholders in a bank catering to senior Russian officials.

Moscow says EU sanctions will lead to higher energy prices 30 July 2014, 19:59 CET
Moscow warned on Wednesday that a new wave of Western sanctions would drive up European Union energy prices and said they would hurt the bloc's economy as much as Russia.

US slaps sanctions on Russian energy, arms and finance 29 July 2014, 23:19 CET
President Barack Obama declared Tuesday that the United States will join the European Union in slapping new sanctions on Russia's energy sector, arms industry and financial institutions.

Sanctions noose tightens against Russia over Ukraine 29 July 2014, 21:17 CET
The European Union on Tuesday stepped up sanctions against Russia and pro-Moscow separatists in Ukraine, following the United States in imposing broad economic punitive measures.

EU sanctions to hit Russia where it hurts 29 July 2014, 12:17 CET
The EU prepared Tuesday to hit Russia where it hurts with tough economic sanctions as Moscow insisted the West can do it little harm and showed no sign of reversing course in Ukraine.

Russia sanctions may undermine EU's recovery 29 July 2014, 04:27 CET
The EU is expected to take the plunge Tuesday and impose tougher sanctions on Russia over Ukraine, but the measures could hit its own struggling economy -- especially should Moscow reply in kind.

EU hits Putin business associates with sanctions 29 July 2014, 00:12 CET
The EU agreed Monday to impose asset freezes and travel bans on business figures and entities closely associated with Russian President Vladimir Putin who have benefited from the Ukraine crisis, EU officials said.

West says Russia still arming Ukraine separatists, urges sanctions 29 July 2014, 00:04 CET
Swift new sanctions against Russia are needed to stop it from arming separatists in Ukraine and destabilising the country, the United States, Germany, France, Britain and Italy agreed on Monday.

US, major EU states urge 'new measures' against Russia: France 28 July 2014, 18:57 CET
The leaders of the United States, Germany, France, Britain and Italy agreed Monday on the need to impose new sanctions on Russia over its presumed role in Ukraine's insurgency, the French presidency said.

Russia bans import of processed Ukrainian fruit and vegetables 28 July 2014, 16:27 CET
Russia on Monday slapped a ban on the import of processed fruit and vegetables from Ukraine in the latest of a series of trade restrictions as Kiev deepens ties with the European Union.

Putin defiant in face of new EU arms sanctions 28 July 2014, 14:52 CET
President Vladimir Putin on Monday urged Russia's defence industry to swiftly cut imports as the EU looks set to impose a ban on the sale of weapons and technology over Ukraine.

EU readies sanctions against close Putin associates: sources 28 July 2014, 12:32 CET
The EU was readying a fresh list of sanctions on Monday, sources said, to hit close associates of Russian President Vladimir Putin deemed to have profited from Moscow's annexation of Crimea and intervention in Ukraine.

Russia says new EU sanctions risk ending security cooperation 26 July 2014, 12:47 CET
Russia said Saturday that new European Union sanctions targeting Russian intelligence chiefs over its role in Ukraine risked ending all joint cooperation on security.

EU targets Russian intelligence chiefs, readies tougher sanctions 27 July 2014, 10:24 CET
Spurred into action by the shooting down of Malaysia Airlines flight MH17, the EU put Russia's intelligence chiefs on its sanctions list Saturday as it readied much harsher measures against Moscow over the Ukraine crisis.

EU working 'swiftly' on tougher Russia Ukraine sanctions 26 July 2014, 10:47 CET
The European Union is making swift progress on adopting much tougher economic sector sanctions against Russia for its role in the Ukraine crisis, officials said on Friday.

German business 'would back Russia sanctions 100%': report 25 July 2014, 17:38 CET
German industry would support "100 per cent" tougher sanctions against Russia over the Ukraine crisis, the chairman of a major business lobby, the Committee on Eastern European Economic Relations, said Friday.

EU adds 15 names, 18 entities to Ukraine sanctions list: source 24 July 2014, 23:16 CET
The European Union will add to its sanctions list 15 Ukrainian and Russian individuals and 18 entities over their role in the Ukraine crisis, an EU source said on Thursday.

EU to hit Russian banks over Ukraine: reports 24 July 2014, 15:46 CET
The European Union may go even further than the United States in hitting Russian banks with sanctions over the Ukraine crisis, curbing their ability to raise funds, reports said on Thursday.

Russia pressures Ukraine not to sign EU association pact 23 July 2014, 20:52 CET
Russia heaped pressure Wednesday on Ukraine not to ratify a trade pact with the European Union, suggesting Kiev could face a total ban on its food exports.

EBRD bank to stop new investments in Russia 23 July 2014, 20:52 CET
The EBRD bank on Wednesday said it will freeze funding for new projects in Russia in response to sanctions announced by Brussels last week over the Ukraine crisis.

EU foreign ministers to speed up Russia sanctions 23 July 2014, 14:29 CET
EU foreign ministers agreed Tuesday to speed up wider sanctions against Russia and to examine tougher measures, including in the defence sector, after the downing of Malaysian Airlines flight MH17 allegedly by pro-Moscow rebels.

EU foreign ministers tackle tougher Russia sanctions 22 July 2014, 14:20 CET
EU foreign ministers tackled tougher Ukraine crisis sanctions against Russia Tuesday, divided as to how far to go and with British-led calls for an arms embargo putting France on the spot.

Lithuania slams French warship deal with Russia during Ukraine crisis 22 July 2014, 10:12 CET
Lithuania's President Dalia Grybauskaite said Tuesday the European Union was compromising its values to protect trade ties with Russia, pointing to a French warship agreement with Moscow.

Barroso slams Russia, demands Ukraine measures 21 July 2014, 21:25 CET
European Commission President Jose Manuel Barroso on Monday said Moscow's support for pro-Russia separatists in Ukraine violated international law and demanded measures to resolve a crisis exacerbated by the downing of a Malaysian jet in the area.

EU takes next step towards Russia Ukraine sanctions 21 July 2014, 18:00 CET
The European Union on Friday took the next step towards imposing tougher sanctions on Russia for its role in the Ukraine crisis by agreeing the legal basis for widening its list of targets.