Skip to content

Subscriber Only

G-7 Warns Russia of ‘Massive Consequences’ Over Ukraine

U.S. weighs bank sanctions, Biden cites troop deployments
Putin has repeatedly denied any plan to invade Ukraine

Bloomberg business news — WATCH: G-7 foreign ministers warned Russia to de-escalate its activities around Ukraine or face “massive consequences.” Tony Czuczka reports.Source: Bloomberg

By

Kitty Donaldson and

December 12, 2021, 10:13 AM UTCUpdated onDecember 12, 2021, 8:35 PM UTC

Foreign ministers from the Group of Seven nations on Sunday warned Russia to de-escalate its activities around Ukraine or face “massive consequences.”

In a joint statement, the ministers said they were “united in our condemnation of Russia’s military build-up and aggressive rhetoric towards Ukraine.”