Eurogroup Confirms Bulgaria’s Entry Into the European Stability Mechanism
The Eurogroup meeting concluded with an official decision that clears Bulgaria to join the European Stability Mechanism
EU Ambassadors Agree to Extend Sanctions Against Russia over Ukraine Crisis
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The European Union will extend sanctions against Russian and Ukrainian individuals and companies accused of backing pro-Russian rebels in eastern Ukraine by six months, AFP and Interfax reported on Wednesday, citing diplomats.
"There is a political agreement; (officials) agreed to extend the sanctions for six months to March next year," AFP quoted one source as saying following a meeting of the ambassadors of the member states to the EU.
According to the sources, the 28 nations of the bloc are expected to formally approve the extension before the sanctions expire on September 15.
The sanctions stem from Russia’s ongoing involvement in the conflict in Ukraine. They target 150 people, including senior Russian advisors, lawmakers, and Ukrainian rebel leaders, plus 37 companies and other entities.
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