EU Set To Sanction Putin, Russia’s Foreign Minister Lavrov

The European Union rose from its meeting on Friday and reached a consensus to sanction Russian President Vladimir Putin and Foreign Minister Sergey Lavrov for their part in the current political tension in Ukraine. 

Putin ordered the mindless attacks on Ukraine with scores of people already killed in the past week and families of foreign nationals unable to leave the troubled country due to closed borders.

Today’s agreement will include financial sanctions targeting 70% of the Russian banking sector and key state-owned companies, as well as restrictions on trade related to the energy sector, aviation, and cutting-edge technology.

The bloc is also expected to change visa rules, restricting the entry of government-related business people. also expected to change visa rules, restricting the entry of government-related business people.

Putin announced a military intervention in Ukraine on Thursday just days after ‘recognising’ two separatist-held enclaves in eastern Ukraine. The recognition of Donetsk and Luhansk drew international condemnation and announcements of tougher sanctions on Moscow.

Izuchukwu Okosi

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Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.

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