Economics

EU Moves Toward Tougher Russia Sanctions as Greece Yields

Lock
This article is for subscribers only.

European Union governments moved toward imposing further economic sanctions on Russia as Greece’s new administration refrained from casting a veto that could leave it isolated in Europe.

EU foreign ministers gave the go-ahead to prepare steps that would go beyond last year’s decisions to ban financing for Russian state-owned banks and prohibit the export of advanced energy-exploration technology. The EU will also extend a blacklist of 132 people including Russian politicians and military officers involved in the Ukraine conflict by six months to September, and add more names to the list by Feb. 9.