Political Risk

G7 Tells Russia To Stop ‘Annexation’ Of Crimea Or Face Action

“The statement from the leaders of Canada, France, Germany, Italy, Japan, Britain and the United States — along with the European Council and the European Commission — said ‘further action, individually and collectively,’ will be taken against Russia if it proceeds with what it called the ‘annexation’ of Crimea. The statement did not elaborate on the nature of the action Russia was facing. But earlier on March 12, European Commission President Jose Manuel Barroso told the European Parliament in Strasbourg that such action would have ‘far-reaching’ effects.”

Source: G7 Tells Russia To Stop ‘Annexation’ Of Crimea Or Face Action

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