EU extends economic sanctions against Russia

The EU on Wednesday formally rolled over damaging economic sanctions against Russia for another six months, saying Moscow had failed to live up to its Ukraine ceasefire commitments.

EU leaders endorsed the move last week, charging that Russia had not halted its support for pro- Moscow rebels in eastern Ukraine nor put pressure on them to respect a ceasefire brokered by France and Germany which was meant to help end a deadly conflict dating back to early 2014.

The European Council, which groups the EU’s 28 member states, said the decision followed a summit briefing on the situation by French and German leaders Emmanuel Macron and Angela Merkel.

“This paved the way for the renewal of sanctions for a further six months,” a statement said. “The Council formalized this decision today by written procedure and, in line with the rule for all such decisions, unanimously,” it added.

The sanctions, which target Russia’s finance, oil and defence sectors, will run to end of January 2018.

The EU imposed them after the shooting down of Malaysia Airlines flight MH17 in July 2014 with heavy loss of life, blamed by the EU on the rebels.

Up to that point, many EU member states, especially France and Germany, had been reluctant to make such a move which would cost them as well as Russia.

The Minsk accords, agreed by Moscow and Kiev, were first reached in late 2014 and then re- worked in early 2015 but they have been breached almost daily.