EU to Unveil 21st Sanctions Package on Russia Targeting Energy, Banks and Crypto
The European Union is preparing a new round of sanctions against Russia. Officials say it will be the bloc’s 21st sanctions package since the conflict
The European Union is preparing a new round of sanctions against Russia.
Officials say it will be the bloc’s 21st sanctions package since the conflict
began. The proposal concentrates on the Russian energy sector. It also seeks to
restrict Russian banks from accessing European markets. A further component
targets cryptocurrency activities linked to Russia. The measures aim to tighten
economic pressure on Moscow. The package is expected to be presented at an
upcoming EU summit. Analysts will watch for the impact on Russia’s revenue
streams.