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European Union packages more sanctions to weaken Russia

EU targets Russian banks, defense firms in latest pressure move.

admin by admin
August 14, 2025
in Conflict, Economy, Foreign, News, Politics
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European Union packages more sanctions to weaken Russia
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The European Union is set to increase economic pressure on Russia with its 19th sanctions package, aimed at reducing Moscow’s ability to sustain the war in Ukraine.

The European Commission plans to finalize the package in September 2025, continuing its strategy of tightening restrictions which began in February 2022.

The latest sanctions follow the 18th package, described as one of the toughest yet. That round targeted a wide range of Russian financial institutions, defense-related companies, and entities helping to evade sanctions, such as parts of Russia’s “shadow fleet.” It also lowered the price cap on Russian oil exports to $47.60 per barrel from $60, cutting deeply into Moscow’s fossil fuel revenue  a key source of funding for the war.

READ ALSO: European Union leaders mull higher defence vote

European officials insist the measures are working and will keep up the pressure until Russia agrees to an unconditional ceasefire. “Europe continues to maintain full pressure on Russia,” said Arianna Podestà, deputy chief spokesperson of the European Commission. “We know sanctions are working, and we will maintain pressure on Russia.”

The 19th sanctions package is expected to further target Russian banks, defense companies, and other sectors vital to the Kremlin’s war efforts. EU leaders acknowledge that sanctions may not quickly change President Vladimir Putin’s military strategy but stress they are weakening Russia’s ability to wage war over time.

The move highlights the EU’s firm stance on holding Russia accountable and supporting Ukraine. Approval of the package before the end of September is seen as a key step in the international response to the conflict.

NAN

Tags: Arianna PodestàEuropean UnionMoscowRussiaUkraine war
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