16 July 2014, 11:44

Italian PM Renzi speaks against building Europe in opposition to Russia

Italian PM Renzi speaks against building Europe in opposition to Russia

Commenting on the Ukrainian crisis Italy's Prime Minister Matteo Renzi urged to give up calls for a new Cold War and underlined that Europe should not be built in opposition to Russia.

"Within the EU we need to respect the cry for freedom of the Ukrainian people but we cannot build Europe in opposition to our neighbor - Russia," Renzi said speaking at the Democratic Party PD National Assembly late Tuesday.

The Prime Minister of Italy, which has recently taken over the Presidency of the Council of the European Union from Greece, noted that "today we do not need to declare a Cold War, but should be capable of creating means for a dialogue."

EU leaders will discuss additional sanctions to be imposed on Russia over the Ukrainian crisis later Wednesday.

Last week, 11 new names have already been added to the sanctions list.

The United States and the European Union imposed targeted sanctions against Russian officials and companies in response to the country's reunification with former Ukrainian republic of Crimea, following a referendum held in the region back in March.

Moscow has repeatedly stated that the language of sanctions is counterproductive and will have a boomerang effect, especially on European economies.

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