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EU backs new measures to be in place by Monday – EU’s Borrell

admin by admin
27 February 2022
in Americas, ASIA, Asian, Banking & Investment Services, Banks, Belarus, Central / Eastern Europe (Energy), CIS Countries, Defense, East European Countries, Emerging Market Countries, EU Institutions, Euro Zone, Europe, European Union, Finance, Financials, Germany, Hungary, International / National Security, International Agencies / Treaty Groups, International Trade, Military Conflicts, Military Procurement, N2:BISV08, N2:BSVC, N2:CWP, N2:DIP, N2:FINS08, N2:GEN, N2:NAMER, N2:NEWS1, N2:US, NATO, North Asia, Old Economy, Old Europe, Old Politics, Poland, Politics, Russia, Ukraine, US, Western Europe
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EU backs new measures to be in place by Monday – EU’s Borrell

High Representative of the European Union for Foreign Affairs and Security Policy Josep Borrell and European Commission President Ursula von der Leyen address the media, in Brussels

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BRUSSELS (Reuters) – European Union foreign ministers gave support on Sunday for fresh sanctions on Russia over its invasion of Ukraine to come into force by Monday, EU foreign policy chief Josep Borrell said on Sunday.

Borrell said the ministers had reached a political agreement for a package of support for the Ukrainian armed forces, new sanctions and efforts to isolate Russia and to counter disinformation.

“During the weekend we have been working very hard and we want to take some decisions that should be in place, agreed and in a legal act implementing them before tomorrow when the central banks will restart working,” Borrell told a news conference.

(Reporting by Sabine Siebold and Philip Blenkinsop)

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