Details of EU and Irish sanctions against Russia will be confirmed later on Wednesday, the Finance Minister has indicated.
Paschal Donohoe said that he understood the concerns of business, as the EU, UK and the US begin to impose punitive sanctions on Russia following the serious escalation of the crisis in Ukraine.
The sanctions come after Russian President Vladimir Putin ordered troops into separatist regions of Ukraine, prompting fears about a full-scale invasion of the independent country. Mr Donohoe said that full details of the EU sanctions would be announced on Wednesday afternoon.
