Wednesday, March 5, 2014

EU Warns Moscow That Billions Belonging To Putin And His Oligarch Allies Could Be Seized Tomorrow



EU Warns Russia Sanctions Will Be 'Swift' If No 'De-Escalation' In Ukraine Crisis -- Independent.ie

European Union leaders holding a crisis meeting on Ukraine could impose sanctions on Russia if there has been no "de-escalation" by then, French Foreign Minister Laurent Fabius said.

Fabius told France's BFM TV that such measures could include restrictions on visas, the assets of individuals and existing discussions on economic ties with Russia.

"Let's start to initiate the path of dialogue, but at the same time tomorrow there is an EU summit and sanctions could be voted tomorrow if there is no de-escalation. I expect and hope that Russia will today tell us that there is a prospect for dialogue with a contact group," he said, referring to proposals to form a "contact group" of key players in the Ukraine crisis.

Read more ....

More News On Sanction Threats From The EU, Russia, And The U.S.

Top Russians Face Sanctions by U.S. for Crimea Crisis -- New York Times
US to Move Against Top Russian Officials Linked to Crimea Crisis -- Newsmax
How might sanctions affect Russia? -- Kimberly Marten, Washington Post
Russia prepares bill on foreign asset freeze in reply to sanctions – senator -- RT
Russia to seize US, EU assets in case of sanctions? -- In Serbia
Russia will have to respond to possible US sanctions - Foreign Ministry -- Voice of Russia
Who will threatened sanctions hit most? US-EU-Russia trade in numbers -- RT

My Comment: When I first heard of possible EU/U.S. sanctions on Russia .... I just shrugged my shoulders. But when I heard that the EU and the U.S. were targeting Russian officials and their business interests (i.e. Putin's friends) .... I knew that there was going to be an immediate reaction from Moscow on this one. No surprise ... Moscow is now threatening asset seizures of Western companies in Russia.

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