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Reuters

Business

Francesco Guarascio and Jan Strupczewski

EU readying new Russia sanctions, may retaliate over rouble payments for gas - sources

Russia Vladimir Putin European Commission Commission Kremlin Moscow Ukraine

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, April 10, 2019. REUTERS/Yves Herman/File Photo

The European Commission is readying new sanctions against the Kremlin over Russia's invasion of Ukraine, EU sources told Reuters on Wednesday, with the magnitude of the new measures depending on Moscow's stance on gas payments in roubles.

Russia's President Vladimir Putin has said he wants "unfriendly" countries, including EU states, to pay their gas bills in roubles, a request rejected by Western nations.

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