European Commission to propose to EU countries to extend sanctions against Russia for up to 3 years

The European Commission will this morning present EU ambassadors with options to extend the sanctions period against Russia to 36 months, or extend them indefinitely, according to three EU officials, Report informs referring to the Financial Times.

Any decision would require all 27 member states to agree.

“Thirty-six months remains the viable option . . . The Americans have been adamant that less than this is indigestible for them,” said an EU official.