The European Union will impose sanctions against the strategic sectors of the Russian economy and will block the access of Russian banks to European financial markets. This was stated by the chairman of the European Commission Ursula von der Layen.
“Today we will submit to the approval of European leaders a package of massive sanctions aimed at strategic sectors of the Russian economy and block access to key technologies and markets. … We will freeze the Russian assets in the European Union and close the access of Russian banks to the European financial markets.” – Tell the head of the European Commission.
von der Lyien accused Russia against the invasion of Ukraine and condemned these actions. “We condemn this barbaric attack and cynical argument used for its justification,” she added.