EU plans most far-reaching sanctions package against Russia in autumn
EU foreign policy chief Kaja Kallas said the pressure must keep growing until Moscow ends its war.
EU foreign policy chief Kaja Kallas announced that the European Union plans to significantly broaden sanctions against Russia in the fall, as reported by German daily newspaper Die Welt. Kallas stated that the current sanctions have already inflicted severe financial losses on Russia, siphoning over €1 trillion ($1.16 trillion) from the country's war effort.
The EU foreign policy chief added that the new sanctions set to be implemented in autumn would increase the total number of sanctioned Russian entities by one-third. Kallas emphasized that the pressure on Russia must intensify until the country ceases its military actions in Ukraine. The EU finalized its latest sanctions package against Russia in July, targeting the nation's banking sector and cryptocurrency networks.
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