WASHINGTON — The European Union, which has dragged its feet on sanctions and taking action against Russia, will enact sanctions. The sanctions come as a response to Russia’s decision to send troops into the Ukrainian region of Crimea, challenging Ukrainian sovereignty.
Reuters reported that the sanctions include travel bans and freezing assets of a list of Russian officials and organizations or businesses. That list has not been finalized as of right now.
Russian troops have taken control of the Crimean peninsula, which is home to a Russian naval base. The U.S. and E.U. have condemned the action and led to speculation that the region will be annexed by Russia, just as parts of former Soviet republic Georgia in 2008.