LAST UPDATE: 13.05
The 27 decided today to extend the European Union sanctions against Moscow and Minsk, disconnecting three Belarusian banks from the international interbank trading system Swift, the French presidency of the European Council announced on Twitter.
EU ambassadors have also approved new sanctions on shipping and cryptocurrencies, adding Russian officials and oligarchs to the EU blacklist. the last fifteen days of the Union.
According to the head of European diplomacy Josep Borrell, the European Union is working on a list of 100 candidates for imposing additional sanctions on government officials and the decision will be made within the day.
Europeans have expanded the list of technologies and goods that can not be exported to Russia and clarified the restrictions imposed on cryptocurrencies.
The G7 and the EU announced last week that they were looking for ways to prevent Russia from circumventing Western sanctions by using cryptocurrencies.
Since the imposition of US and European sanctions on the Russian currency and the paralysis of the Russian banking sector after the Russian invasion of Ukraine, the market for cryptocurrencies in rubles has jumped to record levels.
The measures decided today by the 27 are expected to be adopted at the European summit on 10 and 11 March and will take effect after their publication in the Official Journal of the European Union.
Some, such as the blockade of Belarusian banks by Swift, are aimed at preventing Russia from bypassing the blockade of its own banks by Swift.
Since the annexation of Crimea in 2014, the European Union has already imposed sanctions on 680 individuals, 53 organizations, banning them from entering European territory and freezing their assets in Europe.
Since the end of February, the 27 have frozen the assets of the Russian central bank, blocked the access of Russian financial institutions to the European capital markets and have excluded seven Russian banks from Swift.
Europe has closed its airspace to Russian airlines and banned the export to Russia of components and technologies intended for the aeronautical sector.
Source: AMPE
Source: Capital
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