The EU Commission Agreed on the 7th Package of Sanctions

by Olha Povaliaieva
Thursday, July 21, 2022
The EU Commission Agreed on the 7th Package of Sanctions

Ursula von der Leyen: "Moscow must continue to pay a high price for its aggression"

On July 21, the European Commission finalised the 7th package of sanctions and is ready for its implementation as a tool to counter Russian aggression. The head of the European Commission confirms the information.

"Member States have agreed to our reinforced, prolonged EU sanctions against the Kremlin. I welcome that. It sends a strong signal to Moscow: we will keep the pressure high for as long as it takes," Ursula von der Leyen.

According to the 7th package, the countries of the European Union and those in solidarity with it introduced an embargo on the import of Russian gold, an increase in the number of sanctioned legal entities and individuals, and sanctions against the Russian bank Sberbank. Gas and oil were not included in the sanctions package, but this instrument of Russian blackmail was discussed at the meeting of the European Commission on July 20.

"Russia is using gas as a weapon. We have to address our energy security at the EU level. We learned from the pandemic that if we act in unity, we can address any crisis. So let's act together to reduce gas use and provide a safety net for all EU countries," Ursula von der Leyen.

You will be interested