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  1. The European Commission proposed a new sanctions regime for the EU.

EU to approve new sanctions against Russia targeting banks and entities

2 reports, 1 independent Updated Thu 00:00
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What happened

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Benjamin Haddad announced that the European Union will approve new sanctions against Russia on Monday. These sanctions will target 150 additional entities and 50 banks, with France proposing the majority of the entities to be added. Haddad stated the action is intended to continue applying economic pressure on Russia.

From moneycontrol.com

Why it matters

Some supportBrind's analysis of the reports

The new sanctions are part of a broader effort by the European Union to exert economic pressure on Russia and support Ukraine. The European Commission had previously put forward a new sanctions regime for the bloc.

The European Commission proposed a new sanctions regime for the EU.

From moneycontrol.com

Who's involved

  • Benjamin HaddadFrench minister who proposed the bulk of the new sanctions against Russia
  • Jean-Noël BarrotFrench Foreign Minister who commented on Russian ties to former RT France chief

Possible ripples

Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.

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The European Commission proposed a new sanctions regime for the EU.

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Coverage

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