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The Independent UK
The Independent UK
National
Via AP news wire

European companies' Russian ties could make sanctions tough

Copyright 2021 The Associated Press. All rights reserved

Europe is contemplating sanctions against Russia if it invades Ukraine — and the work is far from simple.

Sanctions would seek to maximize the pain for the Kremlin, its key banks and energy companies but also avoid jeopardizing the continent’s Russian-dependent energy supplies or inflicting too much damage on European companies with strong ties to Russia, including German industrial manufacturer Siemens AG, Italian tiremaker Pirelli and automakers like Volkswagen and Mercedes-Benz.

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