News tagged European Union

EU agrees fourth package of restrictive measures against Russia

March 22, 2022

The European Commission welcomes agreement by the Council to adopt a fourth package of restrictive measures against Russia in response to its aggression against Ukraine and its people. These sanctions will further contribute to ramping up economic pressure on the Kremlin and cripple its ability to finance its invasion of Ukraine. They have been coordinated with international partners, notably the United States.

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Highlights of sanctions announced by major world powers

March 3, 2022

In response to the Russian invasion of Ukraine, the United States, the European Union, and other major world powers have announced various punitive actions against Russia. Several sanctions and embargoes were already in place against Russia, and the invasion triggered additional sanctions from major world powers.

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