This will have “massive and serious consequences” for the country, Michel and von der Leyen announced on Thursday. A crisis summit planned for the evening should discuss this. Chancellor Karl Nehammer (ÖVP) will also arrive at this event.
According to von der Leyens, the new package is likely to include export bans on important high-tech components and target the Russian energy sector. It should also include sanctions against oligarchs. “If the Kremlin starts a war, it will have high costs and serious consequences for Moscow’s economic interests,” said von der Leyen at the Munich Security Conference over the weekend. “The Kremlin’s risky thinking, born of a dark yesterday, could cost Russia its prosperous future.”
The EU had already decided on an initial package of sanctions after recognizing the independence of the separatist regions of Donetsk and Luhansk in eastern Ukraine and sending Russian soldiers. Among other things, it is aimed at the 351 members of the Russian parliament who initiated the recognition of the self-proclaimed People’s Republics of Luhansk and Donetsk in eastern Ukraine. In addition, there are 27 individuals and organizations who contribute to undermining the territorial integrity, sovereignty and independence of Ukraine. It also restricts the Russian state’s access to EU financial markets and restricts EU trade with the two regions.
Source: Nachrichten
