EU towards new sanctions against Russia: from banks to the gradual embargo on oil

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The European Union works at sixth package of sanctions against Russia. The measures were presented to member countries over the weekend and should be approved in these days

WATCH THE VIDEO: The EU is working on new sanctions against Russia

epa09789554 European Commission President Ursula von der Leyen gives a joint press statement on further measures to respond to the Russian invasion of Ukraine, at the European Commission in Brussels, Belgium, 27 February 2022. Von der Leyen announced the EU will shut down its airspace to Russian planes, ban Russian state media outlets RT and Sputnik, and buy and send weapons to Ukraine. Russian troops entered Ukraine on 24 February prompting the country's president to declare martial law and triggering a series of announcements by Western countries to impose severe economic sanctions on Russia. EPA / STEPHANIE LECOCQ / POOL

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Expected, in addition to a gradual embargo on oil, also an ban on businesses companies to carry out consultancy in finance and services, a block on exports in the chemical sector and additional sanctions against various personality (in the photo Ursula von der Leyen, president of the EU Commission)

THE SPECIAL OF SKY TG24 ON THE CONFLICT

30 January 2020, Belgium, Brüssel: A man leaves the European Commission building. Two days before Britain's withdrawal from the European Union, the European Parliament also ratified the EU withdrawal agreement at a meeting in Brussels and finally sealed the brexit. Photo: Michael Kappeler / dpa

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Meanwhile, the Extraordinary Ministerial Council is being held today in Brussels on energyin which the holders of the various European departments are called to “take stock of any additional actions in terms of security of supply, gas transit and management of gas stocks, in particular in view of the weeks and months to come”

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epa02415105 View of the natural gas dewatering facility of the Gas Transmission Operator Gaz-System SA in Mackowice, Poland, 27 October 2010. Poland's pipeline operator Gaz-System SA said on October 26 it signed a deal to take over the management of the Yamal natural gas pipeline from EuRoPol Gaz SA, a joint venture of OAO Gazprom of Russia and Poland's Polskie Gornictwo Naftowe i Gazownictwo SA. EPA / DAREK DELMANOWICZ POLAND OUT

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The Kremlin threat to close the gas taps if the buyers – that is the various European energy companies – do not bow to the diktat of welding in rubles continues to hover over the EU. As they know Bulgaria and Poland

epa09788765 A EU flag waves in front of the European Council ahead of a EU Special Justice and Home Affairs Council on the response to the situation in Ukraine, at the European Council in Brussels, Belgium, 27 February 2022. Interior Ministers will discuss the humanitarian support to Ukraine, the reception of the refugees, the management of external borders and related security challenges, the visa measures and the response to be provided in case of hybrid threats. EPA / STEPHANIE LECOCQ

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Returning to the sanctions front, the new EU package – beyond oil – it would now take shape and it will also hit Belarus for the role the Russian invasion played, including hosting Russian troops at the start of the offensive

(220324) - MOSCOW, March 24, 2022 (Xinhua) - Photo taken on March 24, 2022 shows ruble banknotes and coins in Moscow, capital of Russia. Russia will reject US dollars or euros and only accept rubles for its natural gas supplied to "unfriendly countries," including the European Union (EU) members and the United States, President Vladimir Putin said Wednesday. (Xinhua / Bai Xueqi) - Bai Xueqi - // CHINENOUVELLE_XxjpbeE007254_20220324_PEPFN0A001 / 2203241426 / Credit: CHINE NOUVELLE / SIPA / 2203241433

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So more banks affected by the measures restrictive, multiple individuals and entities added to the blacklist as well as, according to what has emerged so far, restrictions on consulting and cloud-based servicesas well as on real estate purchases

(220324) - MOSCOW, March 24, 2022 (Xinhua) - Photo taken on March 24, 2022 shows ruble banknotes in Moscow, capital of Russia. Russia will reject US dollars or euros and only accept rubles for its natural gas supplied to "unfriendly countries," including the European Union (EU) members and the United States, President Vladimir Putin said Wednesday. (Xinhua / Bai Xueqi) - Bai Xueqi - // CHINENOUVELLE_XxjpbeE007255_20220324_PEPFN0A001 / 2203241426 / Credit: CHINE NOUVELLE / SIPA / 2203241433

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On the banksthree credit institutions are expected to be affected, including Sberbank, a bank that collects a third of Russian banking assets

epa09793934 Russian people walk in front of Foreign Ministry Office building in Moscow, Russia, 01 March 2022. Russian troops entered Ukraine on 24 February prompting the country's president to declare martial law and triggering a series of severe economic sanctions imposed by Western countries on Russia. Starting from 28 February, the Central Bank of Russia decided to increase the key rate to 20 percent per annum, in an attempt to ensure financial and price stability. EPA / YURI KOCHETKOV

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On the industrial front, as reported by the Sun 24 hoursthe new package of sanctions will concern the control ofexport to Russia of about 80 chemical products, tended to be used for the production of chemical weapons

epa09849654 European Commission President Ursula von der Leyen gives a press conference at the end of a two day European Council Summit in Brussels, Belgium, 25 March 2022. EPA / OLIVIER HOSLET

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The penalties will also hit with the travel ban within the Union new Russian personalities: soldiers attributable to recent massacres and individuals related to already sanctioned oligarchs

Source-tg24.sky.it

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