Sanctions more sweeping than previous ones, and target whole sections of Russian economy not just individuals and firms
The latest round of EU sanctions against Russia is designed "to hurt Russia more than it hurts us", according to the foreign secretary Philip Hammond. With trade between Europe and Russia worth 10 times more than US trade with Russia, European Union leaders are treading a fine line between sanctions that will influence Moscow while not damaging their own economies many of which are still emerging from the eurozone crisis.
The latest sanctions are more sweeping than previous ones, and target whole sections of the Russian economy not just individuals and companies.