BERLIN, June 4 German Chancellor Angela Merkel
said on Wednesday she would not hesitate to impose economic
sanctions on Russia if the situation in Ukraine were further
destabilised, urging President Vladimir Putin to help by using
his influence on pro-Russian separatists.
"It is decisive that President Putin use his influence to
get the separatists to refrain from violence and intimidation,
hand over their weapons and stop the occupations," she said in a
speech in parliament. "If this doesn't happen ... we won't
shrink from imposing further sanctions."
Speaking before a summit of the Group of Seven leading
powers in Brussels, she said the world had not yet done enough
to regulate financial markets, including 'shadow banking' which
she said would be on the agenda of a G20 summit in Brisbane.
(Reporting by Noah Barkin and Stephen Brown)