The European Union signed an historic free-trade pact with Ukraine on Friday and warned it could impose more sanctions on Moscow unless pro-Russian rebels act to wind down the crisis in the east of the country by Monday.


If Ukrainian rebels do not de-escalate tensions, the EU may expand sanctions against Russia as early as next week, by targeting new people and companies with asset freezes, diplomats told Reuters. More than 60 names are already on the list.

Although it has drawn up a list of hard-hitting economic sanctions against Russia, the EU still does not appear ready to deploy them because of fears among some member states of antagonizing their major energy supplier.

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