EU Sanctions: A New Wave Against Russia

Germany anticipates the EU's 18th sanctions package targeting Russia to be adopted soon. Discussions are underway at the ambassadorial level, with considerations after the European Commission's visit to Slovakia. This sanctions package targets Russia's energy revenues, banks, and military industry amidst the ongoing Ukraine conflict.

Germany is poised for the European Union's adoption of its 18th sanctions package against Russia this week, as stated by a government spokesperson in Berlin. This move comes in response to Russia's prolonged aggression towards Ukraine.

The sanctions, initially proposed by the European Commission on June 10, aim to impact Moscow's financial and industrial sector significantly. Key targets include energy revenues, banking institutions, and military industries, emphasizing a strategic economic response to the conflict.

Currently, the proposal is being reviewed at the ambassadorial level and is set for further evaluation following the European Commission's visit to Slovakia later this week. Germany's involvement underscores its commitment to reinforcing EU's collective stance against Russian hostilities.