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Europe fails to impose tough sanctions on Russia

Screen Shot 2014-02-10 at 16.29.29Extract from a Seeking Alpha article published 23 July 2014

EU foreign ministers failed to impose any tough sanctions against Russia during a meeting of the bloc’s foreign ministers yesterday, NYT reports.

Dependent on Russia’s energy and wary of confrontation, Europe’s leaders have largely decided they will have to live with a newly assertive Russia.

The Netherlands lost at least 193 victims in the Malaysian Airlines crash over Ukraine, but Royal Dutch Shell  is one of the largest foreign investors in Russian gas fields in Siberia; if Shell loses money, the pensions of Dutch teachers, civil servants and many others suffer.

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