EU planning to expand sanctions against Russia, foreign policy chief Kaja Kallas says

The European Union is preparing to significantly expand its sanctions against Russia in the upcoming months, according to EU foreign policy chief Kaja Kallas. She announced that the bloc intends to introduce the most far-reaching sanctions listings since the war began.

Kallas told the German newspaper Die Welt that once adopted, these new measures would increase the total number of sanctioned Russian entities by one-third. She emphasized that the pressure must continue to mount until Moscow ceases its military actions in Ukraine. Previous EU sanctions have already imposed a substantial economic cost on Russia, reportedly depriving its war machine of over €1 trillion.

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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.

While Kallas did not provide specific details or a precise timeline for the new sanctions package, the EU's July approval of its most recent measures included curbs on Russia's banking sector and cryptocurrency networks. The bloc's continued efforts to isolate Russia economically underscore its commitment to pressuring Moscow to end the conflict.

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Once adopted, they would immediately raise the total number of sanctioned Russian entities by a third. The pressure must keep growing until Moscow ends its war.