EU Prepares New Sanctions to Squeeze Russia's Financial Sector
The European Union is working on a new sanctions package that will target the Russian financial sector in the latest effort by Ukraine's allies to place pressure on President Vladimir Putin to negotiate a peace deal to end the war.
'We want peace and we have to increase the pressure on President Putin until he is ready for peace,' European Commission President Ursula von der Leyen told reporters in Tirana Friday. 'And this is why we're working on a new package of sanctions.'
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