EU Designing Economic Sanctions Against Russia Over Ukraine, Austrian Foreign Minister

EU Designing Economic Sanctions Against Russia Over Ukraine, Austrian Foreign Minister

VIENNA (Sputnik) – The European Union is working on a new extensive package of economic and financial sanctions against Russia in case the situation around Ukraine escalates, Austrian Foreign Minister Alexander Schallenberg said. “At the moment, the work is underway behind the scenes to develop an extensive package of economic and financial sanctions. In the event of an escalation, a very clear, unequivocal and quick response will follow”, Schallenberg told the Austrian newspaper Die Presse in an interview published on Saturday.