EU plans to strengthen economic pressure on Russia

The European Union plans to strengthen economic pressure on Russia because of the war in Ukraine, writes The Wall Street Journal.

According to the publication, the sanctions are designed to strike a Russian economy, the financial sector, the military and political elite, holding Russian money and assets locked inside the EU bloc and sharply limiting trade and financial relations with Russia.

It was previously reported that the European Union countries froze about € 14 billion assets that belong to persons under anti -Russian sanctions.