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EU to hit Russia with sanctions that ‘will hurt a lot’ – Borrell

The EU has agreed to impose new anti-Russia sanctions in retaliation to Moscow’s decision to recognize the breakaway republics in eastern Ukraine. These range from limiting access to European financial markets to targeting individual officials behind the move, the EU’s top diplomat Josep Borrell said on Tuesday.

The upcoming sanctions “will hurt Russia and will hurt a lot,” the EU High Representative for Foreign Affairs said in Paris, speaking alongside France’s Foreign Minister Jean-Yves Le Drian. Accusing Moscow of committing “grave violations,” Borrell said neither the recognition of Donetsk (DPR) and Lugansk (LPR) People’s Republics, nor further steps by Russia in Ukraine, will go “unanswered.”

The EU would target 27 individuals and entities, allegedly involved in undermining the integrity of Ukraine, Borrell said. The bloc will also sanction all the 351 members of the Russian parliament, the State Duma, who voted in favor of recognizing the two republics.

“We will raise the level of sanctions in proportion to Russian behavior,” Borrell added.

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https://ift.tt/Y2Vf3Z4 22, 2022 at 11:02PM
from RT – Daily news

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