President Vladimir Putin and Eckhard Cordes

Eckhard Cordes: It was now imperative that the Russian president uses his influence on the pro-Russian separatists in Ukraine, the committee chairman Eckhard Cordes told German business daily Handelsblatt, according to Deutsche Welle. "Business will implement what the government and EU decide. If they say Russia is not cooperating enough and we are applying tougher sanctions, we'll back that 100 percent," Cordes said. "If the price has to be paid, we will pay it." Germany influential Committee on Eastern European Economic Relations on Friday changed its tone against Moscow, saying it would support sanctions against Russia if President Vladimir Putin failed to cooperate on stabilizing the situation in Ukraine. Drawing a red line on Putin Ukraine policy, he said that German businesses would no longer "follow him on the path" he had chosen . (news.financializer.com). As reported in the news.

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