New European Union and U.S. sanctions against Russia should not hurt the Czech economy, but a protracted trade war could create a new Iron Curtan between the EU and Russia, the Czech government said on Wednesday.

• July 30, 2014

The European Union agreed for the first time on Tuesday to impose broad sanctions against Russian oil companies, banks and defence firms, by far the strongest international action yet over Moscow's support for rebels in eastern Ukraine.

• July 29, 2014

The knock to confidence from harsher European sanctions on Russia could spoil the euro zone's budding economic recovery even if it shrugs off the fallout on trade.

• July 29, 2014

On the last day of May, a surface-to-air rocket was signed out of a military base near Moscow where it had been stored for more than 20 years.

• July 29, 2014

Shares in Russia's Rosneft fell more than the broad MICEX index on Monday after an international court ordered Moscow to pay $51 billion for expropriating the assets of the now-defunct oil producer Yukos, most of which were acquired by Rosneft in auctions.

• July 28, 2014

The euro was stuck near its lowest level since November and Russian markets tumbled for a third straight day on Monday as new European sanctions for Moscow chilled the already frosty relationship between the two.

• July 28, 2014

Ukraine said its troops had taken more territory from pro-Russian rebels near the site where Malaysian flight MH17 was brought down, as international investigators said fighting was preventing them reaching the crash location.

• July 28, 2014

Russia reacted angrily on Saturday to additional sanctions imposed by the European Union over Moscow's role in the Ukraine crisis, saying they would hamper cooperation on security issues and undermine the fight against terrorism and organized crime.

• July 26, 2014