Europe keeps sanctioning Russia. Here’s the part it keeps missing.
Russia adapts faster than Brussels deliberates. The twentieth package is Europe’s last chance to prove otherwise.
Browsing Tag
EU sanctions against Russia
97 posts
EU sanctions against Russia
Bloomberg columnist thinks Putin finally went too far (he didn’t)
Bloomberg columnist asks if Putin finally went too far—we examine why it’s likely more of the same.
The slow squeeze: Russia’s oil empire is bleeding cash
Rosneft profits crash 68% in massive validation of Western strategy.
Merz and Macron call for secondary sanctions against Russia’s supporters
Germany and France announced plans to target companies from third countries that support Russia's war machine through oil purchases
Ukraine has done its part for accession talks start, now it’s EU’s turn, Leyen says
Hungary alone holds up talks despite Kyiv's compliance and Brussels’ green light.
The EU set out to choke Russia’s energy exports — and handed Putin a €30 billion loophole
Three years into EU gas bills feeding Russian war crimes, Brussels designed a ban to starve Putin's war chest - and gave its traders a legal way to fund Russian missiles for 1,000 more days.
Germany confiscates Russian “shadow fleet” tanker with $ 43 million of oil
Germany now owns the tanker and is considering a name change.
EU pays Russia more for fossil fuels than it gives Ukraine in aid, report finds
Despite public declarations of support for Ukraine, most major European powers commit minimal percentages of their economies to aid, while simultaneously purchasing Russian fossil fuels worth €3.2 billion more than their financial assistance to Kyiv in 2024, helping Russia to fund its war against Ukraine.
EU 16th sanctions package against Russia targets shadow fleet, banks, media outlets, third-country trade
53 entities across seven countries, including China, India, Kazakhstan, the UAE, and Turkey, have been sanctioned by the EU for supplying Russia with dual-use technologies and military components.
The EU banned Russian timber—then bought € 1.5 billion worth anyway
Poland, Ukraine's strongest EU ally, has emerged as the largest importer of banned Russian timber, taking in a third of all suspect shipments since sanctions began.
EU proposes Russian aluminum ban in new sanctions package
The package will target key sectors of Russian economy while also expanding restrictions on its banks, oil transport, and military-linked technology.
Sanctions against Russia work and need to be increased, EU finance ministers say
According to the EU finance ministers, it is important for the West to continue its support of Ukraine, as ''undermining Russia’s capacity to wage war at every turn should be the top priority of every democratic country.''
Russian snipers use Austrian rifles in war against Ukraine, despite EU sanctions
Despite the EU imposing export restrictions on arms supplies to Russia, Russian companies continued to receive new shipments of Austrian-made Steyr Mannlicher rifles, with 11 sniper rifles imported in February 2024 alone, investigation finds.
EU to sanction four Russian media outlets to combat Russian propaganda
The European Union is set to add Voice of Europe, RIA Novosti, Izvestija, and Rossiyskaya Gazeta to the 14th sanctions list against Russia.
Expert: Ukraine’s persistent drone strikes could disrupt Russian war machine, trigger fuel deficit
Despite Russia's vast oil production, its ability to produce fuel shouldn't be overestimated. The number of major oil refineries is limited to 32 and at least 10 of them have already been targeted by drones. Explosions have partially or fully disrupted their work.
94 tankers violated the embargo and brought Russian oil to the EU during the last three months
68% of the oil was brought to the Laconian Gulf in Greece for transshipment, while the rest was directly exported to the EU ports amid poor sanctions management.
Russian fuel purchased by the EU brought Putin EUR 1.1 billion in direct tax revenues last year — report
The fuel entered the EU through Turkish and Indian refineries due to a loophole in sanctions.
EU adopts 13th package of sanctions against Russia
The EU took aim at Russian military supply chains in third countries like China and Turkey, sanctioning 27 companies that "directly support Russia's military and industrial complex." New sanctions also directly target an additional 106 Russian individuals and 88 entities, bringing the total above 2000 facing penalties.
Politico: EU aluminum producers call for embargo on Russian imports amid sanction talks
While Russia's full-scale invasion of Ukraine nears its two-year mark, Europe continues to procure 9 percent of its aluminum imports from Russia, contributing approximately €2.3 billion in 2022 Moscow's war machine.
Switzerland bans import of Russian diamonds
Yet Switzerland still refuses sending arms to Ukraine, citing neutrality.