European politicians call for sanctions on Russia over Ukraine
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Senior politicians from Germany, Austria, Poland and Estonia on Tuesday raised the possibility of new EU sanctions against Russia to punish it for capturing three Ukrainian vessels at sea, an incident the West fears could ignite wider conflict.
Financial markets have responded to the prospect of new Western sanctions that could hurt Russia's economy, though the rouble on Tuesday clawed back some losses from the previous day as investors bet any sanctions would not be swift.
