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Monday, September 1, 2014

EU's next foreign policy chief says Putin hurting his own

By Steve Scherer ROME (Reuters) - The European Union's newly nominated foreign policy chief Federica Mogherini said Russian President Vladimir Putin's Ukraine policy had resulted in economic sanctions that were hurting his own people. Speaking in her first newspaper interview since being tapped for the job on Saturday, Mogherini told Italy's Corriere della Sera on Monday that sanctions remained "a tool" in brokering what had to be a diplomatic resolution to the Ukraine fighting. "At the moment, the Kremlin is acting against the interests of its people." On Sunday, EU leaders threatened Russia with more trade sanctions if it failed to start reversing its actions in Ukraine, asking officials to draw up a new list of measures that could hit a range of sectors within the week. The EU, along with the United States, first imposed sanctions on Moscow in March for annexing Crimea, and imposed trade restrictions on Russia's financial and oil industries after a Malaysian airliner was shot down in July over separatist territory in the Ukraine, killing nearly 300 people, most of them Dutch. Read More http://ift.tt/W10zeY

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