Wednesday, April 16, 2014

Germany warns Russia over escalating Ukraine tension. -- "Developments to a new quality would lead to the introduction of stage 3 sanctions."

Germany’s Foreign Minister Frank-Walter Steinmeier has warned Russia against a possible intervention in eastern Ukraine. 

"That would be a grave mistake," Steinmeier told the German weekly Die Zeit. 

"We have clearly signaled to Russia that after Crimea, any actions in eastern Ukraine, southern Ukraine or towards Moldova, would bring the developments to a new quality and would lead to the introduction of stage 3 sanctions."


European Union leaders agreed last month a three-stage plan of sanctions against Russia due to its annexation of Crimea.  

  • The third stage of punishments involves wide-scale economic penalties.

Steinmeier also dismissed criticisms directed against the EU for failing to stop Russia’s incursion in Crimea and said that Europe’s diplomatic efforts and policy of sanctions have already showed Russia that it has to bear consequences of its actions.

He cited recent losses in the Russian stock market, the ruble’s continued fall and increased capital outflow as examples of the consequences incurred by Russia.

"I don't think that a master plan or a scenario is shaping the actions of Russia. There are plenty of indications that Russia is developing its positions according to situations," Steinmeier concluded. 
[aa.com.tr]
16/4/14
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