EU studying possible Russia sanctions with Britain and U.S.

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EU studying possible Russia sanctions with Britain and U.S.
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The European Union is discussing a possible new round of economic sanctions on Russia with the United States and Britain, but no decisions will be taken on Monday, the bloc's top diplomat said.

The European Union, along with the United States, imposed economic sanctions on Russia in July 2014, targeting its energy, banking and defence sectors, and is considering taking further measures if Russia tries to invade Ukraine.

EU diplomats told Reuters the discussion was focused on a potential gradual increase of any sanctions, ranging from possible travel bans and asset freezes on powerful members of Russia's political elite and to banning all financial and banking links with Russia. But envoys said such steps were likely to be considered only if the Russian military attempted a full invasion of Ukraine.

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