“ We are taking measures, in particular on or crypto assets that should not be used to circumvent financial adopted by 27 countries, ” Bruno le Maire said Wednesday at a press conference following the EU finance ministers’ talks, quoted in favor.
The European Union and the US are hitting Russia with sanctions. For the attack on Ukraine
The European Union has imposed three packages of sanctions on Russia for its invasion of Ukraine, including the freezing of the assets of the Russian central bank. On Wednesday, the EU decided to cut off seven Russian banks from the global SWIFT system of financial settlements – here, however, a 10-day grace period was applied. Among them is the second largest bank VTB, but the sanctions did not hit the largest Sberbank and Gazprombank.
The Western sanctions imposed on Russia in connection with its aggression against Ukraine affected almost every sector of the economy: finance, transport, tourism, culture, and sport. And new restrictions are introduced every day.
Due to unprecedented sanctions, the ruble depreciated drastically in just a few days. There are reports of queues in front of ATMs in Russian cities and problems with paying with cards or the Google Pay and Apple Pay payment systems.
You can read more about the sanctions imposed on Russia on the home page
Belarus was also hit. EU sanctions hit imports
Earlier, the European Union also imposed sanctions on Belarus. The decision on this was published on Wednesday and entered into force immediately. The EU recognized that Belarus was participating in the invasion of Ukraine by allowing Russian troops heading to Ukraine to pass through its territory.
The EU stopped the import of Belarusian products from sectors such as mineral fuels, tobacco, wood, cement, iron and steel. There is also a lock for rubber products, potassium chloride products, bituminous substances and gaseous hydrocarbon products.
There are also restrictions on the export of dual-use goods and technologies and some advanced goods and technologies that may contribute to Belarus’s military, technological, defense and security development, as well as restrictions on the provision of related services.
Earlier, personal sanctions against over 20 officials and high-ranking military men entered into force. They are banned from entering the EU and their estates in Europe are blocked.
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The Russian war against Ukraine continues. There is information about houses destroyed, wounded and killed. Needs are increasing hour by hour. That is why Gazeta.pl joins forces with the Polish Center for International Aid (PCPM) Foundation to support humanitarian aid for Ukrainians and Ukrainians. Anyone can join the fundraiser by making a deposit through or on the website. More information in the article:
Source: Gazeta
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