Russia says sanctions unfounded, sticks to policy of reciprocity

Moscow: Russia believes that Western sanctions are unfounded, the Kremlin spokesman said on Monday after the European Union decided to extend sanctions to Jan. 31, 2016, over Moscow`s role in the Ukraine crisis.

"Speaking of sanctions, reciprocity is the basis for our approach," Dmitry Peskov told reporters. Russian officials say that Moscow will most likely extend a food ban on Western products.