The European Union is readying an "immediate set" of sanctions punishing Russia for its recognition of two separatist regions in Ukraine, two E.U. diplomats told The New York Times Tuesday.
The sanctions will target "people, government and business entities in the separatist regions and in Russia," and will be further reviewed at a meeting of E.U. foreign ministers in Paris later Tuesday. The ambassadors hope to then approve the measures by Tuesday evening, though it's possible the discussion could bleed into early Wednesday, writes the Times.
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