EU preparing fifth package of sanctions against Russia
The European Union is developing a fifth package of sanctions against Russia due to the situation around Ukraine, TASS reported on Monday, citing Reuters.
"We are working on a fifth round of sanctions and many new names are being proposed," a Reuters source said.
In addition, diplomats told Reuters that Baltic countries including Lithuania are pushing for an embargo on Russia as the next logical step, while Germany is warning against acting too quickly because of already high energy prices in Europe.
EU foreign and defense ministers will discuss the situation in Ukraine on Monday where EU Foreign Policy Chief Josep Borrel will present his analysis of possible conflict scenarios.
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