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EU "Sounds Alarm" Over New US Sanctions On Russia; Germany Threatens Retaliation
by Tyler Durden
Jul 23, 2017

Late on Friday, Congressional negotiators reached a deal to advance a bill that would punish Russia for its interference in the 2016 election and restrict the president’s power to remove sanctions on Moscow, according to the WSJ. The measure, if signed into law, will also give Congress veto powers to block any easing of Russian sanctions by the president. And while it remained unclear if President Donald Trump would sign the bill if it reaches his desk, which is now likely, the loudest complaint about the bill to date has emerged noe from the Oval Office, but from Brussels, after the EU once again urged (and warned, and threatened) US lawmakers to coordinate their anti-Russia actions with European partners, or else.

As Reuters reports, the European Union "sounded an alarm on Saturday" about moves in the U.S. Congress to step up U.S. sanctions on Russia, urging Washington to keep coordinating with its G7 partners. In a statement by a spokeswoman after Republicans and Democrats in the U.S. Congress reached a deal that could see new legislation pass, the European Commission warned of possibly "wide and indiscriminate" "unintended consequences", especially on the EU's efforts to diversify energy sources away from Russia, adding that "unilateral measures" by the US could undermine transatlantic unity.

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http://www.zerohedge.com/news/2017-07-23/eu-sounds-alarm-over-new-us-sanctions-russia-germany-threatens-retaliation