The European Union will adopt a sixth package of sanctions against Russia on Wednesday (May 4th).
Source: President of the European Commission Ursula von der Leyen
“Today we are presenting the sixth package of sanctions. First, we are listing high-ranking military officers and other individuals who committed war crimes in Bucha. We know who you are. And you will be held accountable. Second, we de-swift Sberbank – by far Russia’s largest bank – and two other major banks. Third, we are banning three big Russian state-owned broadcasters from our airwaves, that amplify Putin’s lies and propaganda aggressively.”
“Finally, we now propose a ban on Russian oil. Let´s be clear: it will not be easy. But we simply have to work on it. We will make sure that we phase out Russian oil in an orderly fashion. To maximize pressure on Russia, while minimizing the impact on our economies. We want Ukraine to win this war. Yet so much has to be rebuilt. That is why I am proposing to start working on an ambitious recovery package for our Ukrainian friends. This package should bring massive investment to meet the needs and the necessary reforms.”
