EU imposing new sanctions on Russia

September 11, 2014 3:58 PM

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EU imposing new sanctions on Russia

The European Union agreed Thursday to impose new economic sanctions on Russia to keep up pressure on the Kremlin to end its military support for separatists in east Ukraine.

The new measures, which will take effect Friday, tighten Russian access to Western loans, especially for big state oil companies, and add new names to the blacklist of Russian officials and people close to Russian President Vladimir Putin who are subject to visa bans and a freeze of assets.

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