European Union officials agreed Tuesday to ratchet up economic pressure on Russia as escalating fighting in Ukraine prevented investigators from getting to the Malaysia Airlines Flight 17 crash site.
Some of the new sanctions target eight “cronies” of Russian President Vladimir Putin and three “entities” by limiting their access to EU capital markets, an EU official said on condition of anonymity. The people and entities will be named Wednesday, the official said.
The sanctions also will block new arms contracts between Europe and Russia, prohibit the export of European goods that can be used for both civilian and military purposes, and limit the export of energy-related equipment, the EU said in a prepared statement Tuesday evening.
The move adds to sanctions that Europe and the United States already had in place against Russia over its disputed annexation of Crimea and its support of pro-Russian rebels fighting the Ukrainian government.