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Dombrovskis: EU is Finalizing 5th Package of Sanctions against Russia

by Georgia Today
April 5, 2022
in Business & Economy, Editor's Pick, Politics
Reading Time: 1 min read
Dombrovskis: EU is Finalizing 5th Package of Sanctions against Russia

Valdis Dombrovskis. Source: Reuters

 

The EU is finalizing a fifth package of sanctions against Russia, European Commission Executive Vice-President Valdis Dombrovskis told a press conference after the Economic and Financial Affairs Council (ECOFIN).

This is the EU’s response to the Bucha massacre – “Russia’s latest atrocities and its callous attitude to non-combatants – innocent civilians – that have shocked the world”.

Dombrovskis added that the EU would continue to ramp the sanctions up as long as Russia continues its aggression.

He also said that EU countries should coordinate and work together, including with the EU’s global partners, “to make sure that sanctions are properly and quickly enforced, not circumvented”.

“Any loophole should be closed off, quickly and firmly. Sanctions that exist only on paper are just that – paper. We want sanctions to continue biting Putin’s regime hard in the real world,” said Domrovskis.

See his full speech here.

 

Tags: EURussiasanctionsValdis Dombrovskis
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Highlights

EU, Georgia Hold 5th Strategic Security Dialogue

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Administration: President’s Words Being Systematically Distorted, Misleading Public

Eight Countries Join Tightened EU Sanctions against Russia

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