Economics

EU Joins U.S. With New Sanctions on Russia Over Ukraine

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The European Union widened sanctions against Russia for its actions in Ukraine, following similar steps yesterday by the U.S., which called separatist violence in the country’s east “terrorism, pure and simple.”

The EU added Russian Deputy Premier Dmitry Kozak to a list of people facing travel bans and asset freezes along with others including pro-Russian separatist leaders, according to a statement today in the EU’s Official Journal. The U.S. targeted seven people, including Kozak and Igor Sechin, head of oil giant OAO Rosneft, and 17 companies yesterday linked to allies of President Vladimir Putin, such as InvestCapitalBank.