Friday, May 23, 2014

Oh the Humanity: EU Weighs A Ban On Russian Vodka...

...and furs, diamonds and caviar.

From Reuters:

EU leaders will hold their first detailed discussion next week of specific steps they can take against Russia if Ukraine's elections are not free and fair, including restrictions ranging from luxury goods imports to an oil and gas ban.

A two-page document setting out three scenarios - low-intensity, medium-intensity and high-intensity sanctions - was circulated to member states last month and will form a basis of discussion at a leaders' summit on May 27.

Under the first, low-intensity scenario, according to details from the document provided to Reuters, the EU would impose restrictions on imports of Russian luxury goods including diamonds, precious metals, furs, vodka and caviar....MORE