With Russia being a major supplier of raw materials and buyer of
European goods, the EU governments are far from being eager to
shoot themselves in the foot with economic sanctions.
“At the moment there is no consensus among the EU members on
which economic measures against Russia would be acceptable, or
even if they are needed at all,” a European diplomatic
source told Itar-Tass.
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"We're going to be in a stronger position to deter Mr. Putin when he sees that the world is unified and the United States and Europe is unified rather than this is just a US-Russian conflict," US President Barack Obama told reporters on Sunday.
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