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Ukraine: EU agrees on eighth package of sanctions against Russia

From ec.europa.eu

The Commission welcomes the Council's adoption of an eighth package of hard-hitting sanctions against Russia for its aggression against Ukraine. This package – which has been closely coordinated with our international partners – responds to Russia's continued escalation and illegal war against Ukraine, including by illegally annexing Ukrainian territory based on sham “referenda”, mobilising additional troops, and issuing open nuclear threats. This package introduces new EU import bans worth €7 billion to curb Russia's revenues, as well as export restrictions, which will further deprive the Kremlin's military and ... (full story)

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  • Category: Fundamental Analysis