EU sanctions on Russia to target Moscow’s ‘strategic ambitions’ — RT Russia & Former Soviet Union

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Bloc engaged on ‘high-impact response’ to potential Russian invasion of Ukraine

The EU’s deliberate package deal of sanctions towards Russia might deprive the nation of products wanted for Moscow to appreciate its strategic ambitions, the EU excessive consultant for overseas affairs revealed on Sunday.

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Writing on his weekly weblog, Josep Borrell accused Moscow of “waging a warfare of nerves” and persevering with to “gas a local weather of tensions in Europe.”

Borrell’s weblog comes as Moscow stands accused of inserting 100,000 troops on the border, with some alleging it’s planning an assault. This declare has repeatedly been denied by the Kremlin, and it has additionally been performed down by Ukrainian President Volodymyr Zelensky. As tensions stay excessive, the Eurocrat has ramped up his rhetoric, pledging to strike Russia with a package deal of sturdy measures if there may be an invasion.

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“As a part of our work on deterrence, we’ve got superior with the preparations of a high-impact response that will inflict extreme prices on the Russian financial system and monetary system,” he wrote. “We’re additionally contemplating export-control measures that will have a longer-term impact, by denying Russia merchandise that it wants to meet its strategic ambitions.”

The EU has been threatening new sanctions towards Russia for a while. Final week, European Fee President Ursula von der Leyen informed the American TV channel CNN that nothing is “off the desk” with regards to measures, together with the exclusion of Russia from the SWIFT worldwide financial institution cost system and fully placing a halt on the Nord Stream 2 fuel pipeline.

Final week, Borrell stated he had no additional data that will point out a Russian invasion of Ukraine is across the nook.

“Definitely no, I don’t assume there may be something new that may enhance the sensation of concern about an instantaneous assault, no,” Borrell stated, whereas accusing Moscow of trying to “re-create dividing strains on our continent.”

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