• 26/05/2024 08:02

Reuters: France and the Netherlands propose EU sanctions against financial institutions working with the Russian Federation

The initiative will be discussed on Wednesday as part of negotiations on the 14th package of restrictions.

Reuters: France and the Netherlands propose EU sanctions against financial institutions working with the Russian Federation

, citing its own sources, states that that two countries of the European Union propose to the bloc to introduce sanctions against all financial institutions in the world that contribute in one way or another to the Russian military obtaining dual-use goods or technologies.

The initiators of these restrictions are France and the Netherlands. New sanctions should encourage financial institutions in the Middle East, Turkey and even China not to cooperate with Russia, so as not to lose the markets of the European Union. sanctions. The European Commission is expected to coordinate its position on this issue with the United States to make the sanctions even more effective. Both Hungary, which is favorable to Moscow, and Germany, which does not want to spoil close trade ties with China, are capable of blocking the decision.

  • The EU plans to include restrictions on Russian liquefied gas in the new package of sanctions.

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  • Viktor Medvedchuk may be one of those on the new sanctions list.

  

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