EU to unveil its broadest Russia sanctions package yet, says foreign policy chief
EU foreign policy chief Kaja Kallas announced plans to dramatically widen sanctions on Russia, adding roughly a third more entities to the list.
In an interview with a German daily, EU foreign policy chief Kaja Kallas said the bloc intends to introduce a sanctions package that will be the most extensive since the conflict began. The upcoming measures are expected to raise the count of Russian entities under sanctions by roughly one third. Kallas stressed that sustained pressure is essential until Russia ceases its war, though she did not disclose the exact schedule or the entities to be targeted.
This initiative builds on a July decision that imposed new limits on Russia's banking sector and cryptocurrency networks. No further specifics were provided about the composition of the new sanctions list.
Why it matters
Expanding EU sanctions could further strain Russia's ability to fund its war effort.
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