Ursula von der Leyen lays out 5 point 'massive and targeted' sanction plan against Putin

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The President of the European Commission, 63, has outlined a fresh wave of sanctions against Putin following a series of attacks which took place in the early hours of Thursday morning.

She stated the new sanctions show a “united” European Union as the union implements severe sanctions, including targeting 70 percent of Russian banking.

In a press conference following the European Council she announced the sanctions, writing on Twitter: “The package of massive and targeted sanctions approved tonight shows how united the EU is.

“First, this package includes financial sanctions, targeting 70% of the Russian banking market and key state owned companies, including in defence.

“Second, we target the energy sector, a key economic area which especially benefits the Russian state.

“Our export ban will hit the oil sector by making it impossible for Russia to upgrade its refineries.

“Third: we ban the sale of aircrafts and equipment to Russian airlines.

“Fourth, we are limiting Russia’s access to crucial technology, such as semiconductors or cutting-edge software.

“Finally: visas. Diplomats and related groups and business people will no longer have privileged access to the European Union.”



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