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Reuters
Reuters
Business

EU to sanction Russian individuals and entities over Ukraine

FILE PHOTO: European Union flags are seen outside the EU Commission headquarters in Brussels, Belgium November 14, 2018. REUTERS/Francois Lenoir/File Photo

European Union foreign ministers agreed on Tuesday to sanction 27 Russians and entities after Moscow recognised two breakaway regions in eastern Ukraine, as well banks, the defence sector and limiting Russian access to European capital markets.

All members of Russia's Duma, parliament's lower house, will be hit with EU sanctions, which typically involve travel bans and asset freezes.

"This package of sanctions that has been approved by unanimity by the member states will hurt Russia, and it will hurt a lot," EU foreign policy chief Josep Borrell told a news conference alongside France's foreign minister at a meeting in Paris.

(Reporting by Robin Emmott, editing by Marine Strauss)

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