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EU May Impose More Venezuela Sanctions

The European Union will consider more sanctions against Venezuela if Nicolas Maduro's regime does not soon begin a “transition process” to cede power, the European Council said in a Jan. 6 news release. The council called Venezuela’s December elections undemocratic…

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and said the country “urgently” needs a political solution. “The lack of political pluralism and the way the elections were planned and executed, including the disqualification of opposition leaders, do not allow the EU to recognise this electoral process as credible, inclusive or transparent,” the council said. “The EU stands ready to support such a process. It also stands ready to take additional targeted measures.”