• EU readying more sanctions if required
  • Ukraine is an important topic for G7
  • EU recovery proceeding this year and is expected to continue next year

The last batch of possible sanctions that could come into effect would have had Putin quaking in his boots


Barroso now on the soap box at the pre-G7 meeting press conference saying that a Ukraine-Russia gas price deal is “coming into reach”. He also says that other EU moves on the South stream gas pipeline project may be possible but not sure what context he’s saying that. Yesterday Ukraine called for the EU to halt progress and then the EU told Bulgaria to stop work while they sorted out some tendering issues