EU sees Russia sanctions as individual restrictive measures only

The decision to be made by European Union Council on Monday will focus on individual sanctions only, which will involve the banning of EU visas and freezing of bank assets for a number of Russians, EC spokesperson Pia Hansen said at a briefing in Brussels.

The decision to be made by European Union Council on Monday will focus on individual sanctions only, which will involve the banning of EU visas and freezing of bank assets for a number of Russians, EC spokesperson Pia Hansen said at a briefing in Brussels.

Preparations are under way for a series of broader sanctions with respect to certain sectors of the economy. This work is at the stage of preparation. Today we are talking about the freezing of assets and a ban on traveling for a number of blacklisted individuals, Hansen said, adding that she could not give their exact names.

This work is carried out by the EU Council, and it is up to the Council to give such information, Hansen said.

The European Council clearly stated in its conclusion that in the event of further escalation, the EC sees it as a pretext for going over to the third phase, as we have explained on several occasions. Currently, we are in a situation that we qualify as the absence of de-escalation, so at the moment, we see these additional measures - assets freeze and travel ban - as the appropriate level (of measures) for today, Hansen said.

Concurrently, the EC is advancing preparations for its third-phase measures, the EC representative said.

Read more: Putin: Wish of West to impose sanctions on Russian defense industries may be linked to attempts to prevent import substitution

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