Work on Extension of EU Sanctions on Russia May Start Within Two Weeks

The Committee of Permanent Representatives in the European Union will start preparing proposals on prolongation of anti-Russia economic sanctions, presumably for another six months, in the next two weeks, sources close to EU heads of state told RIA Novosti Sunday.

BRUSSELS (Sputnik) — According to one of the sources, there is currently no draft document on EU sanctions against Russia.

The other source stated that EU leaders would make a final decision on whether to prolong the economic sanctions against Moscow at a summit on December 17-18.The European Union and the United States imposed a series of sanctions against Russia beginning in 2014, accusing Moscow of interference in Ukraine's internal affairs.

Russia has repeatedly denied the allegations, stating a desire for a diplomatic settlement of the conflict and contributing to the Ukrainian peace process.

Losses from EU sanctions and counter-sanctions imposed by Russia

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