This week in photos: Putin’s binoculars, Macron's hug and Berlin’s welcome for UK heirsSociety & Culture July 21, 17:43
Putin discloses his code name at intelligence schoolSociety & Culture July 21, 17:39
Putin says life, love and freedom are his core valuesSociety & Culture July 21, 17:06
Crimean border guards rescue drowning Ukrainian who swam from Ukraine to TurkeyWorld July 21, 16:59
Putin doesn't rule out running in 2018 presidential raceRussian Politics & Diplomacy July 21, 16:56
Russian Helicopters deliver Mi-171E convertible helicopter to PakistanMilitary & Defense July 21, 16:50
Putin confesses he doesn’t use social networksSociety & Culture July 21, 16:44
Siemens examining all Russian partners for compliance with export standardsBusiness & Economy July 21, 16:36
Kremlin spokesman calls sale of alleged Putin’s watch for 1 mln euro ‘successful trick’Society & Culture July 21, 16:29
They include an arms embargo to limit Russian weapons exports to Europe estimated at €3.2 billion a year and restrictions on trade in dual-purpose goods.
The EU summit took a decision on the expansion of blacklist for Russian companies on July 16.
At present, the EU blacklist includes 72 names, including Russian politicians and officials, leaders of militia in the Donetsk and Luhansk people’s republics.
European Council leader Herman Van Rompuy wrote to EU leaders saying the bloc agreed on defense, financial and technology sanctions against Russia, avoiding the need for an emergency summit, a diplomatic source in the EU Council said on July 25.“The measures in the field of sensitive technologies will only affect the oil sector in view of the need to preserve EU energy security,” the source said.
The European Commission says that Russian banks with over 50% state ownership placed bonds worth €7.5 billion on European markets last year while the total amount of bonds floated by Russian banks in Europe in 2013 is estimated at €15.8 billion.
Aside from restrictions on Russia’s financial sector, the EC document mentions a ban on EU exports of sensitive technologies to Russia to target three areas: deep-sea drilling, Arctic exploration and shale oil extraction.
The new sanctions also include restrictions on trade in and out of Crimean ports.