You're reading: Reuters: EU lays out impact of financial sanctions on Russia

The European Commission handed documents to EU member states on April 16 explaining the potential impact on their economies of imposing stricter trade and financial sanctions on Russia over its actions in Ukraine, diplomats said. Worried about potential leaks of the sensitive data, the Commission informed each country only about the risks it would face, rather than sharing full details with all 28 member states. The assessments were handed out in brown paper envelopes to individual EU ambassadors during a meeting in Brussels.

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