EU Implements New Sanctions Targeting Russian Economy and Military Personnel
The European Union has introduced its 21st sanctions package against Russia, focusing on the country's banking, energy, and trade sectors. This move aims to further weaken Russia's economy, which EU Commission President Ursula von der Leyen claims is 'slowing sharply.' The sanctions require unanimous approval from EU member states and include measures such as barring former or current Russian soldiers from entering the EU. Additionally, the EU plans to freeze the price of Russian oil to prevent Moscow from profiting from rising oil prices. The sanctions also extend to Belarus, which is in a customs union with Russia, due to its role in circumventing trade restrictions.