EU to ban investment in Crimea

The European Union countries are planning to ban investment in the temporarily occupied Autonomous Republic of Crimea from December 15, EUobserver has reported.
“The situation in eastern Ukraine remains a strong concern. The European Council is ready to take further steps if necessary in a reference to Russia sanctions. EU countries plan to impose a ban on investments in Russia-annexed Crimea on December 15,” reads the report.
As reported, in the spring of 2014, the EU imposed a series of economic sanctions on Russia and some Russian officials. Russia, in turn, banned imports of some food products from the countries that introduced sanctions against it.

Avatar photo

News and Summaries

Submit a Comment

Your email address will not be published.

Share This

Share this post with your friends!