FT: EU thinks new sanctions against Russia are over

FT: EU thinks new sanctions against Russia are over

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International sanctions have not affected only those sectors of the Russian economy that are critical for one or more EU countries, and therefore any new attempts to impose restrictions will be vetoed, the Financial Times writes, citing sources among European officials.

“We’ve finished <…>. If we impose more sanctions, there will be more exceptions than measures,” said one of the interlocutors of the publication.

Informal discussions of proposals for a new, 11th package of restrictions are scheduled to begin on April 21, they will be attended by officials of the European Commission and representatives of EU member states. Officials working on options for sanctions said that most likely the measures would be limited to expanding the list of sanctioned individuals and tightening measures against circumventing sanctions.

The leadership of the European Union publicly spoke about the limit on sanctions possibilities at the end of last year, after the adoption of the ninth package of sanctions. The EU leadership noted that the effect of the sanctions will be visible in the long term. The EU adopted the previous, tenth package of sanctions at the end of February, it concerned primarily the tightening of supervision over the implementation of already adopted restrictions.

Source: Rosbalt

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