Russian Emergencies Ministry says over 70 homes burn down in SiberiaSociety & Culture May 24, 18:49
International Chekhov Theater festival opens its doors for 13th time in MoscowSociety & Culture May 24, 18:44
Putin decorates commandoes for two-day face-to-face clash with militants in SyriaRussian Politics & Diplomacy May 24, 18:31
Experts say rising military spending to push Europe to reconsider NATO’s roleRussian Politics & Diplomacy May 24, 17:56
Poll shows 25% of Russians expect headway in ties with France during Macron’s presidencySociety & Culture May 24, 17:33
Former Finnish PM points to signs of improvement in Russia-West relationsWorld May 24, 17:20
Russia's legendary Su-27 jet fighter marks the 40th anniversary of its first flightMilitary & Defense May 24, 17:19
Russian lawmaker comments on US decision to end military subsidies to UkraineRussian Politics & Diplomacy May 24, 16:30
Nine Russian missile regiments rearmed with advanced ICBM systemsMilitary & Defense May 24, 16:01
The sanctions will affect supplies of weapons, equipment and technologies of oil prospecting and extracting in Russia.
In addition, the access of Russian banks to the local financial market will be restricted. 63 Russian and Ukrainian individuals and legal entities have been added to the black list.
Furthermore, Australia imposed restrictions on trade with Crimea and on investments in that region.
On Saturday, Reuters news agency reported that EU leaders intended to urgently prepare the list of possible further sanctions against Russia in connection with crisis in Ukraine.
According to the report, this clause was included in the draft statement expected to be adopted by heads of EU member states at a meeting in Brussels.
“According to a draft statement from the summit, the EU leaders were set to ask the European Commission and the EU's diplomatic service "to urgently undertake preparatory work" on further sanctions that could be implemented if necessary,” Reuters reported.