Is the European Union ready to put its money where its mouth is? EU leaders have been preparing sanctions on entire sectors of the Russian economy – everything from energy to armament. So far, economic interests have mostly trumped all other considerations – it’s hard to ignore that €1.1 billion French contract to supply the Kremlin with two state-of-the-art Mistral warships, after all. So, will new sanctions force Putin to raise the white flag or dig in his heels?
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