EU to settle Russia sanctions, weigh cost of war

European Union foreign ministers will thrash out details on Friday of sanctions on Russia over the crisis in Ukraine.

Foreign ministers were due to convene in Brussels for an emergency session to settle measures broadly agreed in principle at the emergency summit overnight.

The leaders’ agreement in principle meant the bloc is joining the United States and others in taking steps such as curbing Russia’s access to technologies.

However, they opted not to cut Russia off from the SWIFT global interbank payments system.

SOURCE: JORDAN NEWS AGENCY

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