The President of the European Commission presented the details of the sixth package of sanctions against Russia for its aggression against Ukraine:
- We add to the sanctions list high-ranking military personnel and other officials who committed war crimes in Bucha and those responsible for the inhumane siege of Mariupol.
- Secondly, we are finally ‘de-SWIFTing’ Sberbank. Sberbank is Russia’s largest bank, holding about 37% of the banking sector, and we are also disconnecting the other two major banks in Russia from the SWIFT system.
- The third element of the new package is sanctions against Russia’s three major broadcasters, who will no longer be able to distribute their content in any form in the EU.
- The EU commission is proposing to ban Russian oil. It will be a total ban on all imports of Russian oil, offshore, pipeline, crude, and refined. It has to be a gradual and orderly cessation of Russian oil supplies so that we and our partners can identify alternative supply routes and minimize the impact on world markets.