What is the status of the new sanctions against Russia?

EU countries are close to reaching an agreement on a new package of sanctions against Russia, according to foreign policy chief Kaja Kallas.

When is the political agreement on the sanctions expected?

Kaja Kallas expressed hope that a political agreement on the 18th sanctions package could be reached today.

Who is reporting on the sanctions agreement?

The information regarding the sanctions agreement is reported by Bart Meijer, with editing by Kim Coghill.

Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Headlines > EU close to agreement on new sanctions against Russia, Kallas says

Headlines

EU close to agreement on new sanctions against Russia, Kallas says

Published by Global Banking & Finance Review®

Posted on July 15, 2025

1 min read

Last updated: January 22, 2026

EU close to agreement on new sanctions against Russia, Kallas says

Quick Summary

EU close to agreement on new sanctions against Russia, Kallas

Key Takeaways

Frequently Asked Questions about EU close to agreement on new sanctions against Russia, Kallas says