EU presents 21st sanctions package targeting Russian energy, finance, fishing, and crypto firms
The European Commission unveiled the EU’s 21st package of sanctions against Russia, targeting the energy, financial services, and fishing sectors, as well as cryptocurrency firms aiding Russia’s evasion of restrictions. The package requires unanimous approval by EU member states.
The European Commission presented the EU’s 21st package of sanctions against Russia, targeting the energy sector, financial services, the fishing industry, and cryptocurrency firms that assist Russia in evading restrictions. According to reform.news, the package includes a freeze on the current pricing mechanism for Russian energy imports until the end of 2026 and proposes adding 30 vessels to the sanctions list targeting Russia’s shadow fleet. Politico.eu reported that the package requires unanimous approval by EU member states. TASS stated the package is intended to lower the standard of living of Russia’s population. Ursula von der Leyen stated that Russia has failed to subjugate Ukraine. According to Politico.eu, she said Russia’s economy is slowing sharply. Ukrinform.net reported that she stated the cost Russia is paying for continuing the war is steadily increasing and that the price Russia pays for continuing the war is paid primarily by the people of Russia. KyivIndependent.com reported that von der Leyen said the conflict in the Middle East and disruptions to global energy supply chains have eased some pressure on Russia. Ukrinform.net also reported that von der Leyen stated drones have violated European airspace, including incidents in Romania and Constanța.
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0 contested (attributed to both sides), 9
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