European allies consider new sanctions against Russia over Ukraine
Published by Global Banking & Finance Review®
Posted on March 31, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 31, 2025
1 min readLast updated: January 24, 2026
EU foreign ministers are ready to impose new sanctions on Russia to hinder its war in Ukraine, aiming for lasting peace.
MADRID (Reuters) - The foreign ministers of Spain, Germany, France, Italy, Britain and Poland, along with the European Union's top diplomat and Defence Commissioner, said on Monday that they were ready to adopt new sanctions against Russia over the war in Ukraine.
"We are also ready to exert further pressure on Russia using all available instruments, including the adoption of new sanctions, with the aim of hindering its ability to wage its war of aggression and ensuring that Ukraine is in the best possible position to secure a just and lasting peace," they said in a joint statement issued after a meeting held in Madrid on Monday.
(Reporting by David Latona; Editing by Inti Landauro)
The main topic is the consideration of new sanctions by European allies against Russia due to the ongoing war in Ukraine.
Foreign ministers from Spain, Germany, France, Italy, Britain, Poland, and the EU's top diplomat and Defense Commissioner attended.
The goal is to hinder Russia's ability to wage war and to ensure Ukraine can secure a just and lasting peace.
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