The European Commission proposes to add the violation of EU sanctions against Russia to the list of EU crimes
May26

The European Commission proposes to add the violation of EU sanctions against Russia to the list of EU crimes

The European Commission has developed a proposal to add violations of EU sanctions to the list of criminal offenses. Source: The Press Service of The European Commission The Commission proposes to include in the list of criminal offenses participation in actions or activities aimed at directly or indirectly circumventing sanctions, including by...

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Germany has provided Ukraine with a 150 million euro loan for social expenditures
May25

Germany has provided Ukraine with a 150 million euro loan for social expenditures

KfW on behalf of the German Federal Government signed a loan agreement amounting to EUR 150 million with the Ukrainian Ministry of Finance today. Source: Christiane Laibach, Member of the Executive Board of KfW Group “The funds made available under the Economic Emergency Aid Programme represent direct and rapid support for the Ukrainian...

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The US Treasury Department decided to deprive Russia of the opportunity to service its national debt
May25

The US Treasury Department decided to deprive Russia of the opportunity to service its national debt

The US Treasury Department will not renew the general license, which temporarily allowed Russia to make payments to service its foreign debt in dollars under sanctions. Source: The US Treasury Department The demand comes into force on the night of May 25. The expiration of the general license means that Russia will not be able to legally pay its...

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Russians bypass sanctions with the help of Belarus
May24

Russians bypass sanctions with the help of Belarus

Russians bypass sanctions due to Belarus. Source: Head of the Office of the President of Ukraine Andriy Yermak “Travel to Minsk or the so-called” banking tourism “to obtain Visa and MasterCard cards in Belarusian banks has become popular. They can be used to pay abroad and in international online stores. There is also a demand...

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Austria froze 250 million euros of Russian oligarchs
May23

Austria froze 250 million euros of Russian oligarchs

Austrian authorities have already identified more than 250 million euros in Russian assets in local financial institutions. Source: Austrian Chancellor Karl Nehammer Together, the Office for the Protection of the Constitution, the National Bank, the Financial Market Department, and a number of ministries have identified 97 bank accounts of...

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Finland confiscated 76 million euros of Russian property
May23

Finland confiscated 76 million euros of Russian property

The Finnish authorities have at their disposal frozen property of Russians who have been subject to sanctions, amounting to at least 76 million euros. The Debt Collection Department froze, in particular, a large number of freight train cars. As a result of the sanctions, more than 1,000 such cars were confiscated. Their total cost can reach 20...

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Serbia must join sanctions against Russia if it wants to join the EU, – EU High Representative
May17

Serbia must join sanctions against Russia if it wants to join the EU, – EU High Representative

Serbia must join sanctions against Russia if it wants to join the European Union. Source: EU High Representative for Foreign Affairs and Security Policy Josep Borrell According to him, the EU welcomes and appreciates the strategic and courageous decisions of those partner countries in the Western Balkans that have fully aligned their foreign...

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Ukraine won’t accept the sixth package of sanctions without an embargo on Russian oil, – Minister of Foreign Affairs of Ukraine
May17

Ukraine won’t accept the sixth package of sanctions without an embargo on Russian oil, – Minister of Foreign Affairs of Ukraine

The Minister of Foreign Affairs of Ukraine stated that he did not believe that the sixth package of EU sanctions against Russia could be adopted without an oil embargo. Source: The Minister of Foreign Affairs of Ukraine Dmytro Kuleba “No. I do not believe that the sixth package can be approved without an oil embargo. Ukraine is against the...

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Japan bans the export of high-tech goods to Russia
May13

Japan bans the export of high-tech goods to Russia

Japan has decided to ban exports of hi-tech goods to Russia starting from May 20. Source: Japan Ministry of Economy, Trade, and Industry On Friday, May 13, the Ministry of Economy, Trade, and Industry of Japan announced the expansion of sanctions against Russia. Japanese authorities have changed the list of goods and technologies banned from...

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Canada provides intelligence on cyber threats to Ukraine, – Canadian Foreign Minister
May11

Canada provides intelligence on cyber threats to Ukraine, – Canadian Foreign Minister

Canada condemns Russia’s cyberattack on Ukraine on the eve of a military invasion that has caused Internet disruptions across Europe. Source: Canadian Foreign Minister Melanie Joly “Canada strongly condemns the destructive cyber activity by Russia targeting the European telecommunications sector on February 24, 2022. Canada joins its...

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