EU agrees sanctions against 50 banks and shadow fleet companies

EU agrees sanctions against 50 banks and shadow fleet companies
EU agrees sanctions against 50 banks and shadow fleet companies

EU diplomats reach consensus on new restrictions

Embassadors of the European Union member states have officially approved a new package of sanctions measures against the Russian Federation. The list of restrictive measures includes financial institutions and companies linked to the "shadow fleet".

Financial sector and shadow fleet under sanctions

According to the agreed document, approximately 50 banking institutions will fall under the new restrictions. In addition, sanctions extend to companies involved in the so-called "shadow fleet". The list of restrictive measures also includes individuals and legal entities involved in undermining Ukraine's sovereignty and conducting hybrid operations.

Sanctions list statistics

The total scope of measures covers a wide range of entities. Specifically, restrictions have been imposed on 12 individuals and 101 organisations for actions aimed at undermining Ukraine's sovereignty.

Additionally, 31 entities have been sanctioned for involvement in hybrid activities and propaganda. Restrictions will also apply to individuals and organisations involved in conducting cyberattacks.

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