EU to hit Russia with new sanctions after invasion – POLITICO


The European Union will “quickly” adopt new sanctions against Russia following its decision to completely invade Ukraine, European Council President Charles Michel said on Thursday morning.

EU leaders will discuss the new measures at an emergency summit called for Thursday evening.

The upcoming sanctions, Michel said in a statement, “will impose massive and severe consequences on Russia for its action, in close coordination with our transatlantic partners.”

European Commission President Ursula von der Leyen will provide more details on the package in the near future, he added.

Michel originally convened the EU leaders’ summit earlier this week after Russian President Vladimir Putin sent troops to disputed areas in eastern Ukraine. But after Putin launched an all-out invasion early Thursday morning, sending troops across the border and bombing targets across the country, the meeting will take on added significance.

The EU already approved on Wednesday a first round of sanctions against Russia following its initial deployment of troops.

The first round of sanctions targeted several members of Putin’s inner circle, including his defense minister. It has also targeted military commanders, prominent media personalities who trumpet Kremlin talking points, banking executives and state-controlled financial institutions.

The sanctions mirrored others imposed by the US and UK

But the EU and its allies have yet to tackle a number of more damaging targets, such as Russia’s lucrative energy sector or its import of key technologies like semiconductors. Putin himself is not yet targeted by sanctions.

“We deplore the loss of life and the humanitarian suffering,” Michel said. “The EU and its Member States are ready to provide an urgent humanitarian response as a matter of urgency. We call on Russia and the armed formations supported by Russia to respect international humanitarian law.




Politico

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