BRUSSELS (Sputnik) – On Wednesday, a source told RIA Novosti that the European Union is planning to extend sanctions against citizens and legal entities of east Ukraine and Russia expiring on March 15, for another six months.
"On 4 March 2016, the Council extended by one year asset freezes against 16 people identified as responsible for the misappropriation of Ukrainian state funds or for the abuse of office causing a loss to Ukrainian public funds," the statement reads.
In September 2015, the European Union extended for six months individual sanctions aimed at counteracting what it deemed threats to the territorial integrity and sovereignty of Ukraine. The sanctions presuppose freezing of assets and an EU travel ban for 149 individuals and 37 entities, including Russian businessmen and officials, as well as representatives of the self-proclaimed Donetsk and Lugansk people's republics.
