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EU Expands Sanctions Against Russia to Nearly 1,600 Individuals and Companies

EU Expands Sanctions Against Russia to Nearly 1,600 Individuals and Companies

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European Union foreign ministers on Monday approved the largest expansion of the sanctions list against Russia since the start of the war against Ukraine. Nearly 1,600 individuals and businesses were added to the list, with most of them, according to Brussels, linked to the Russian military and the arms industry. kultura.pravda.sk ↗

The new measures target supporters of the Russian war machine and entities involved in military production. The European Union is thereby expanding pressure on the Russian economy and on individuals who, in its view, contribute to the conduct of the war against Ukraine. ORF ↗

EU foreign policy chief Kaja Kallas stated that the effect of the sanctions would be significantly greater if the United States acted in line with the European Union. Her statement was made in Luxembourg during talks among foreign ministers. irozhlas.cz ↗

German Foreign Minister Johann Wadephul described the new measures as a "unprecedented sanctions blow." The expansion of the list represents a record number of newly sanctioned individuals and companies. Welt ↗

The EU is also continuing its policy of restricting support for the Russian war economy. The further effect of the sanctions will also depend on the extent to which the United States and other partners join the European measures.

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Location: Brussels
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Economy & Business 👤 Johann Wadephul 👤 kaja kallas 📍 brusel 📍 luxemburg 📍 spojené štáty americké 📍 ukrajina 🏢 európska únia
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