The new round of sanctions targets Russian oil, rather than gas, outlawing exports of oil exploration equipment to Russia. About 30 per cent of the European Union’s gas supply comes from Russia.Photograph: Luke MacGregor/Reuters

Co-ordinated approach targets trade, energy, banks, technology, arms and finance sector

The move sparked fury from the Opposition and criticism of newly appointed Minister for Foreign Affairs Charlie Flanagan. Photograph: Eric Luke / THE IRISH TIMES

Republic’s role in Gaza resolution part of EU issue

International Monetary Fund managing director Christine Lagarde and Minister for Finance  Michael Noonan. Ireland would need the full agreement of EU member states to separate the IMF and European portions of the bailout package. Photograph: Francois Lenoir/Reuters

Move could save exchequer billions of euro in interest payments

European Commission president Jose Manuel Barroso: on a trip to Israel last month he said the EU could offer a “special privileged partnership” to both Israel and a future Palestinian state. Photograph: Gil Cohen Magen/AFP/Getty Images.

Using trade ties to push for peace worked well in the Balkans but not in Ukraine

The UN Human Rights Council special session held in Geneva yesterday to discuss the human rights situation in the occupied Palestinian territory. Photograph: Martial Trezzini/EPA

Concerns that proposed resolution was not most efficient way of reacting urgently to developments

Froam left: Croatian foreign minister Vesna Pusic, Italian foreign minister Federica Mogherini and EU high representative for foreign affairs Catherine Ashton prior to the start of a foreign affairs council meeting at the EU council headquarters in Brussels yesterday. Photograph: EPA/Julien Warnand

Foreign ministers propose deeper sectoral sanctions after MH17 crash

Two Dutch passports lie in a field among luggage, personal belongings and wreckage from Malaysia Airlines flight MH17 in Grabovo, Ukraine, yesterday.  Photograph: Rob Stothard/Getty Images

Analysis: some members uncomfortable with idea of extreme response to crisis

 German minister for foreign affairs Frank-Walter Steinmeier (L) speaks to media as he arrives for a Foreign Affairs Council meeting at the EU Council headquarters in Brussels, Belgium. Photograph: Julein Warnand/EPA

Minister for Foreign Affairs says supply of arms by Moscow ‘undermines democracy’

German foreign minister Frank-Walter Steinmeier is seeking to escalate pressure on Russia. Photograph: Abir Sultan/EPA

EU Foreign Affairs Council will turn to so-called Phase Three sanctions on certain sectors of the Russian economy

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