Germany’s Foreign Minister has met his counterparts from the V4 Central European states in the Hungarian capital, Budapest, amid growing concerns over the Ukrainian crisis.
Frank Walter-Steinmeier warned that the EU will be forced to consider further, financial sanctions if Moscow continues to reject efforts to deescalate the situation.
“If things go as expected, then we will have no other choice but to impose stricter measures, but this is not anything we want to see,” he said.
A third stage is likely to involve financial sanctions on Russian firms and entities, as opposed to measures aimed at individuals.
Our correspondent Andrea Hajagos says the details of such actions will only be revealed on Monday in Berlin once the vote takes place in Crimea.