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EU announce 'massive sanctions...

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EU announce 'massive sanctions' against Russia

RedFM Sport
RedFM Sport

06:59 25 Feb 2022


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The EU has announced a further range of 'massive sanctions' against Russia over its invasion of Ukraine.

They target its financial, energy, transport and technology sectors - as well as limiting the country's access to European visas.

It followed an emergency European Council summit in Brussels last night, which was attended by the Taoiseach.

Russia is continuing to launch one of the biggest attacks since the Second World War.

At least 137 people have been killed in Ukraine, and 100,000 civilians have fled their homes.

European Commission president, Ursula von der Leyen, says the new sanctions will have a big impact.

"This package includes financial sanctions that cuts Russia's access to the most important capital markets - we're now targeting 70% of the Russian banking market.

"We're also targeting the Russian elite, by curbing their deposits.

"The third topic is that we ban the sale of all aircraft, spare parts and equipment to Russian airlines."


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