<blockquote>'German Chancellor Angela Merkel says the European Union will impose more sanctions on Russia following its decision to annex Ukraine's Crimean Peninsula and will suspend all G-8 meetings until the political situation changes.
Merkel told the country's Parliament Thursday ahead of an EU summit in Brussels that the bloc would expand a freeze of bank accounts and travel bans of people that have been linked to the crisis.'
-
Merkel: Russia faces more sanctions, G8 suspended, March 20, 2014</blockquote>
<blockquote>'Financial support package to Ukraine must go hand in hand with deep economic reforms. Long overdue. But could give Ukraine a new start.'
- Carl Bildt (
Source, March 19, 2014)</blockquote>
<blockquote>'Sweden is preparing a Nordic-Baltic financial support package for Ukraine in coordination with IMF. We will make substantial contribution.'
- Carl Bildt (
Source, March 19, 2014)</blockquote>
Context<blockquote>
Ukraine - '..The economy needs a total structural overhaul .. the work Central Europe and the Baltic states did in the 1990s.''..violation of Ukraine's sovereignty and territorial integrity..''Only Europe, in concert with the United States, can put a check on the Putin doctrine..'Europe - '..as little as six per cent of its total energy mix, comes from Russia.'Ukraine - '..the demonstrators are demanding a zero tolerance of corruption after the demise of President Yanukovych.'Ukraine - '..Russian banks could soon be .. targeted under sanctions..'</blockquote>