EU to present new Russia sanctions package, Ukraine funding measures by year-end Reuters
EU to present new Russia sanctions package, Ukraine funding measures by year-end - Reuters
In short
Officials within the European Union are currently drafting an additional set of penalties aimed at Russian interests. In parallel, the bloc is preparing a slate of funding mechanisms intended to support Ukraine's economic stability. Both policy initiatives are being readied for presentation to member nations prior to the end of the year.
Key points
- European Union leadership is maintaining pressure on Russia through the development of fu…: European Union leadership is maintaining pressure on Russia through the development of further sanction measures.
- Financial support mechanisms for Ukraine are scheduled to be formally presented by the en…: Financial support mechanisms for Ukraine are scheduled to be formally presented by the end of this year.
- Coordinated economic actions remain a central priority for the bloc as it addresses the o…: Coordinated economic actions remain a central priority for the bloc as it addresses the ongoing regional crisis.