EU readies sanctions on Venezuela, approves arms embargo

(Worthy News) – European Union foreign ministers approved economic sanctions, including an arms embargo, on Venezuela on Monday, saying regional elections last month marred by reported irregularities had deepened the country’s crisis.

Anxious not to push Caracas any closer to economic and political collapse as debt restructuring talks begin, EU governments held back from targeting any individuals.

The bloc instead left names for a later stage to try to persuade President Nicholas Maduro to calm the situation. [ Source: Reuters (Read More…) ]