EU Russia Related Sanctions

Italy accuses Russia of hacking it’s Foreign Ministry

On 10 February 2017, Italy accused Russia of hacking it’s foreign ministry in 2016. According to published reports, the hacking lasted for months before it was detected. The accusation has been flatly rejected by Russia. The accusation is now being investigated by the chief prosecutor in Rome.

EU Extends Russia Sector Sanctions for ongoing crisis in Crimea & Sevastopol until mid 2017

On 15 December 2016, as predicted, EU leaders agreed to extend their sector sanctions against Russia until mid-2017. The target of EU sanctions will focus on the Russian defense, energy, and financial sectors. Its expected that the restrictive measures will be formalized this coming week. The extension of sanctions, which was agreed with the U.S., are a result of the ongoing crisis in the Crimea and Sevastopol.