EU: The foreign ministers of EU member states will discuss a new round of sanctions against Russia in the wake of its military operation in Ukraine on 4 March, Austrian Foreign Minister Alexander Schallenberg said on Wednesday.
“We are working on the fourth package [of sanctions]. On Friday, I will have a new extraordinary meeting of [EU] foreign ministers with the participation of US [Secretary of State Anthony] Blinken,” Schallenberg told a press conference.
The European Union has put “all its financial and economic power” in action, and its efforts have been effective, the minister said.
“The exchange is closed, the ruble is suffering large-scale losses, Russian enterprises are being destroyed,” he said.
Western nations have introduced fresh sanctions against Moscow since last week when Russia began a military operation in Ukraine in response to requests for help from the Donbass republics in the wake of attacks by the Ukrainian military. The sanction packages target some Russian banks, officials, and include closures of airspace for Russian planes, among other measures.
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