FX.co ★ New European tragedies: to sanction, or not to sanction, that is the question!

The European Union officials hesitate to impose another package of sanctions against the Russian Federation. The watchdogs flag up an improvement and progress in relationship between Russia and the West regarding the Ukrainian crisis. According to the experts, the situation in the region is changing significantly, showing signs of normalization. “The Commission and European External Action Service have been working on possible targeted measures, and they will continue preparations for possible further steps on that basis of targeted measure should events so require,” - the EU officials said in a statement, released after the meeting in Brussels. In addition, the European Parliament made another appeal to the Russian government to pay special attention to the Geneva declaration. “The efforts by all sides should aim at solving the crisis politically, putting an end to violence and tensions in Eastern Ukraine, including disarmament of all illegal armed groups and amnesty to those who have rendered their arms voluntarily and have not committed serious crimes,” - Jose Manuel Barroso, the head of the European Commission said. He added that the EU supports the new legally elected Ukrainian government. Despite the positive results, the United States continues to prepare additional sanctions against Russia. “The sector sanctions are on the agenda. The US will discuss additional sanctions with the EU soon,” - Jennifer Psaki, the spokesperson for the United States Department of State, said.