EU foreign chief plans fresh sanctions against Russia

The European Union is preparing to enact a new, extensive package of sanctions against Russia, aiming to escalate pressure on Moscow to end its war in Ukraine. Kaja Kallas, the EU's foreign policy chief, announced the intention to introduce "far-reaching sanctions listings" in the autumn, which would increase the number of sanctioned Russian entities by one-third.

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EU sanctions have already cost Russia dearly, depriving Russia's war machine of over €1 trillion and for autumn I am putting forward the most far-reaching sanctions listings since the start of the war.

Kallas stated that existing EU sanctions have already imposed a substantial cost on Russia, depriving its war machine of over €1 trillion. "The pressure must keep growing until Moscow ends its war," she told German newspaper Die Welt, emphasizing the ongoing need for restrictive measures.

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Once adopted, they would immediately raise the total number of sanctioned Russian entities by a third.

The details and exact timing of the new sanctions package were not elaborated upon by Kallas. The EU's most recent sanctions against Russia, approved in July, targeted the country's banking sector and cryptocurrency networks. These measures come amid heightened long-range attacks by both sides in the Ukraine conflict, which have resulted in the highest civilian death toll since the early months of the war in 2022.

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The pressure must keep growing until Moscow ends its war.