EU capitals have agreed a fresh sanctions package against Russia, as Brussels vows to step up pressure on Moscow and support for Kyiv despite US-led negotiations to end the war in Ukraine.
The bloc’s 16th package of sanctions against Russia since it launched its full-scale war takes aim at the country’s aluminium industry and further tightens restrictions on its oil exports.
The sanctions target 13 more banks, 73 more so-called shadow fleet tankers used by Moscow to export crude oil, and a “phased-in” ban on EU countries buying certain types of Russian aluminium products, according to people briefed on its contents.
The package, which the people said was endorsed by ambassadors from all the EU’s 27 countries on Wednesday morning, also targets more individuals and companies deemed to be helping Russia prosecute its war against Ukraine.
This is a developing story
The Berliner Zeitung claims they will pass a 700B EUR defense aid package right after the German midterms in a few days.
That’s much more than all aid so far totaled. So let’s hope it’s true.
I saw that claim but I dont understand where this money could from. My understanding is the EU, as a whole, has provided ~140B€. So 700B€ would be 5x more than what has already been provided. Whilst this could be possible if it was also intended to revitalise EU militaries and with joint EU borrowing I fear the joint borrowing will prevent everyone from being onboard
It’s an EU defense spending package. It might include direct aid to Ukraine, but it’s mostly internal spending