Economics
Austria Calls for Russian Sanctions Rethink to Bring Progress
- Chancellor Kern says EU’s penalty regime ‘has not worked out’
- Kern says EU must remain united in talks with Russia
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Austrian Chancellor Christian Kern called for a rethink on sanctions imposed on Russia, saying that the regime of penalties over Kremlin-backed incursions in Ukraine has failed to yield enough progress.
Speaking in an interview in Vienna on Thursday, Kern said that the European Union may need to consider new ways to put leverage on President Vladimir Putin to bring more success and be less economically damaging to Europe. At the same time, he said it was important that Europe remains united in its stance.
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Austria Calls for Russian Sanctions Rethink to Bring Progress