Article
EU: Third sanctions package against Russia adopted
EU adopts 3rd package of sanctions against Russia for its continued illegal war against Ukraine, 2 March 2022
The Council adopted the following restrictive measures:
- Exclude key Russian banks from the SWIFT system, the world's dominant financial messaging system. This measure will stop these banks from conducting their financial transactions worldwide in a fast and efficient manner. This decision was closely coordinated with the EU's international partners, such as the United States and the United Kingdom
- Prohibit investing in projects co-financed by the Russian Direct Investment Fund
- Prohibit the provision of euro-denominated banknotes to Russia
- Prohibit state-owned media Russia Today and Sputnik from broadcasting in the EU
- Restrictions on trade against Belarus and add 22 members of the Belarusian military personnel to the list of sanctioned people and organisations. With these additions, the list comprises a total of 702 individuals and 53 organisations...
The Council adopted the following restrictive measures:
- A ban on transactions with the Russian Central Bank, aiming at preventing the Russian Central Bank from accessing its large amounts of foreign reserves held in the EU
- A ban on the overflight of EU airspace and on access to EU airports by Russian carriers of all kinds
- Add 26 individuals and 1 organisation to the list of sanctioned people and organisations. With these additions, the list comprises a total of 680 individuals and 53 organisations