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EU Imposes New Sanctions on Russia Over Ukraine Conflict

Summary

The European Union announced fresh sanctions against Russia today, targeting key sectors including finance, energy, and defense. The new measures aim to pressure Russia amid ongoin

The European Union announced fresh sanctions against Russia today, targeting key sectors including finance, energy, and defense. The new measures aim to pressure Russia amid ongoing conflict in Ukraine. According to Reuters, the sanctions include asset freezes on several Russian banks and restrictions on technology exports. The EU's move follows coordinated actions by the US and UK, tightening the economic noose on Moscow. Trade experts estimate the sanctions could reduce Russia’s GDP growth by 1.5% in 2026. EU officials emphasized that these steps are designed to uphold international law and support Ukraine’s sovereignty. The sanctions take effect immediately, Reuters reported.
Feb 15
EU Imposes New Sanctions on Russia Over Ukraine Conflict

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