New Economic Sanctions from the European Union to Russia

The European Union and its partners in the G7 are preparing to remove Russia from the status of the most favored country, suspend its membership in international financial institutions and impose sanctions on some officials to increase economic pressure on Russia.

Emphasizing that they will take a fourth package of measures to isolate Russia and dry up the financial resources it uses for the war, Von Der Leyen said, "We will deprive Russia of the status of the most favored country in our markets." used the phrase.

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New Economic Sanctions from the European Union to Russia

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