Obama, EU leaders may be moving ahead with new anti-Russian sanctions

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President Barack Obama and top European leaders are moving ahead on a new round of sanctions against Russia, US officials said Friday amid hints they could come within days, AFP reports. US sanctions could be imposed as early as Monday, a source close to the issue said, warning  the situation in Ukraine remained fluid. German Chancellor Angela Merkel said EU foreign ministers would meet soon to discuss the issue after speaking by conference call with Obama, British Prime Minister David Cameron, French President Francois Hollande and Italian Prime Minister Matteo Renzi.

“Given the absence of progress, we have to think about  and not just think about, but act on  the option of new sanctions,” Merkel said. For this purpose, European Union foreign ministers will meet as soon as possible.

US State Department spokeswoman Jen Psaki told reporters Washington had been working in “lockstep” with the Europeans.”It’s safe to say we’re in the stage of not just preparing but coordinating on sanctions and what’s next.”

It’s likely that the third round of sanctions against Russians and Ukrainians blamed for the unrest in the former Soviet satellite will again target individuals and entities.Both US and EU officials have already blacklisted more than a dozen individuals including the breakaway leaders in Crimea, annexed by Moscow last month.

Obama said earlier Friday during a visit to Seoul that Washington had already lined up more targeted sanctions against Russia “that are ready to go.”

But he also signalled the new sanctions would not involve an attempt to target key areas of the Russian economy such as mining, energy and the financial sectors.US officials have said those measures would only be considered if Russia sent its regular forces across the border into eastern Ukraine.”

The heads of state and government have called for a rapid reaction by the G7 and raised the prospect of new sanctions by the international community against Russia,” the French presidency said in a statement. US lawmakers, including some who visited Ukraine in recent days, also called on Obama to follow through with his sanctions threat.

Obama to spur European leaders into slapping more sanctions on Russia-reports

The US President Barack Obama is going to hold talks with the leaders of several European countries on Friday to spur the European Union into slapping more sanctions on Russia over the situation in Ukraine, the Reuters news agency quotes an unidentified source as saying on Friday.

The British Prime Minister David Cameron, French President Francois Hollande, German Chancellor Angela Merkel and Prime Minister Matteo Renzi of Italy are expected to take part in the forthcoming phone conferencing.

The news agency points out that a high-ranking US administration official has confirmed the reports that Obama will hold the talks in question.

According to the source, differences among the EU countries, as well as delays, above all on the part of Germany and Italy, are putting off the US punitive measures.

Although Washington would prefer acting together with the European Union, the unidentified source believes that the United States could impose fresh sanctions on its own.

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