European Union Set to Slap New Sanctions on Russia

Your News Companion by Ben Mathis-Lilley
July 29 2014 1:29 PM

European Union Set to Slap New Sanctions on Russia

65940372
The European Parliament building in Brussels, Belgium.

Photo by Mark Renders/Getty Images

Following the downing of commercial flight MH17 and allegations of Moscow backing separatists in eastern Ukraine, the European Union on Tuesday reportedly adopted tough new economic sanctions against Russia.

Two EU diplomats told the Associated Press on the condition of anonymity that the sanctions will include: "an arms embargo, a ban on the sale of dual use and sensitive technologies, and a ban on the sale of bonds and equities by state-owned Russian banks in European capital markets." 

Advertisement

The new measures, which were decided at a meeting of all EU ambassadors, also target Russia’s oil industry by restricting sales of some of the equipment it uses. Furthermore, eight more Russian officials—including four close to President Vladimir Putin—will face asset freezes and travel bans within the EU.

This report comes only a day after the U.S. accused the Kremlin of violating the 1987 nuclear missile treaty. At a news conference in Washington, Secretary of State John Kerry also mentioned that the U.S. plans to impose more sanctions against Russia.

The Kremlin has repeatedly denied providing weapons to rebels in Ukraine.

Irene Chidinma Nwoye is a writer and former Slate intern in New York City. Follow her on Twitter.

TODAY IN SLATE

Politics

The Democrats’ War at Home

How can the president’s party defend itself from the president’s foreign policy blunders?

Congress’ Public Shaming of the Secret Service Was Political Grandstanding at Its Best

Michigan’s Tradition of Football “Toughness” Needs to Go—Starting With Coach Hoke

A Plentiful, Renewable Resource That America Keeps Overlooking

Animal manure.

Windows 8 Was So Bad That Microsoft Will Skip Straight to Windows 10

Politics

Cringing. Ducking. Mumbling.

How GOP candidates react whenever someone brings up reproductive rights or gay marriage.

Building a Better Workplace

You Deserve a Pre-cation

The smartest job perk you’ve never heard of.

Hasbro Is Cracking Down on Scrabble Players Who Turn Its Official Word List Into Popular Apps

Florida State’s New President Is Underqualified and Mistrusted. He Just Might Save the University.

  News & Politics
Politics
Sept. 30 2014 9:33 PM Political Theater With a Purpose Darrell Issa’s public shaming of the head of the Secret Service was congressional grandstanding at its best.
  Business
Moneybox
Sept. 30 2014 7:02 PM At Long Last, eBay Sets PayPal Free
  Life
Gaming
Sept. 30 2014 7:35 PM Who Owns Scrabble’s Word List? Hasbro says the list of playable words belongs to the company. Players beg to differ.
  Double X
The XX Factor
Sept. 30 2014 12:34 PM Parents, Get Your Teenage Daughters the IUD
  Slate Plus
Behind the Scenes
Sept. 30 2014 3:21 PM Meet Jordan Weissmann Five questions with Slate’s senior business and economics correspondent.
  Arts
Brow Beat
Sept. 30 2014 8:54 PM Bette Davis Talks Gender Roles in a Delightful, Animated Interview From 1963
  Technology
Future Tense
Sept. 30 2014 7:00 PM There’s Going to Be a Live-Action Tetris Movie for Some Reason
  Health & Science
Medical Examiner
Sept. 30 2014 11:51 PM Should You Freeze Your Eggs? An egg freezing party is not a great place to find answers to this or other questions.
  Sports
Sports Nut
Sept. 30 2014 5:54 PM Goodbye, Tough Guy It’s time for Michigan to fire its toughness-obsessed coach, Brady Hoke.