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EU extends Russia sanctions to 2016

EU foreign ministers agree on Monday to extend sanctions against Russia until 2016 over Ukraine crisis

22.06.2015 - Update : 22.06.2015
EU extends Russia sanctions to 2016

BRUSSELS

EU foreign ministers agreed at a meeting in Luxembourg on Monday to extend sanctions against Russia until Jan. 31, 2016, in an attempt to make Moscow abide by the cease-fire agreement signed in February.

On Feb.12, Russia, Ukraine, France and Germany signed a cease-fire, also called the Minsk agreement, over the crisis in Ukraine.

Meanwhile, Russia slammed the EU's decision on Monday saying it would in turn extend sanctions against the European Union. 

Kremlin spokesman Dmitry Peskov was cited by Sputnik news agency on Monday as saying: “Russia, naturally, considers these sanctions to be unfounded and illegal, and we have never been the instigators of sanction measures.”

Sanctions were imposed a little more than a year ago over Russia’s annexation of the Crimean peninsula from Ukraine and over its support of pro-Russian separatists in eastern Ukraine.

The sanctions mainly target senior officials in Russia and exclude its state banks from raising long-term loans. 

At least 6,417 people have been killed, and 15,962 others wounded in the conflict between Ukrainian forces and pro-Russian separatists since April 2014, according to the U.N.'s latest report.

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