Ursula von der Leyen from Kyiv: New package of EU sanctions against Russia

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“Between now and February 24, exactly one year after the start of the invasion, we plan to put the tenth package of sanctions into force,” said the president of the European Commission.

The president of the European Commission, Ursula von der Leyen, announced today from Kyiv that the European Union is planning new sanctions against Moscow on the occasion of the anniversary of the invasion of Ukraine, on February 24.

“Between now and February 24, exactly one year after the start of the invasion, we plan to put the tenth package of sanctions into effect,” he announced at a joint press conference with Ukrainian President Volodymyr Zelensky.

“Today Russia is paying a heavy price because our sanctions are eroding its economy, setting it back by a generation,” he said, as Brussels has adopted a barrage of sanctions for nearly a year to curb Moscow’s revenue for supporting her invasion.

Among them, the ceiling of the price of Russian oil intended for export at 60 dollars.

According to von der Leyen, the ceiling set in early December by the EU, the Group of Seven (G7) and Australia “is already costing Moscow around 160 million euros a day.”

In early December, the EU also imposed an embargo on Russian crude oil transported by sea. This will be extended from Sunday to the market of Russian refined petroleum products and the G7 countries will also put a ceiling on the price of these products.

In response, moreover, to a question about recent efforts to fight corruption in Ukraine, a critical issue for the wartime country and its future EU membership, Ursula von der Leyen, with Volodymyr Zelensky at her side, greeted ” rapid political” reaction so that this battle has “tangible results”.

“It is reassuring to see anti-corruption agencies on alert and quickly identifying cases of corruption,” said the president of the European Commission.

For his part, Volodymyr Zelensky requested the imposition of more sanctions by the EU against Russia. The Ukrainian president estimated that the speed of the European sanctions campaign against Russia has “slowed down a little” and that it should be strengthened.

RES-EMP

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