Published by Global Banking and Finance Review
Posted on November 25, 2025
1 min readLast updated: January 20, 2026
Published by Global Banking and Finance Review
Posted on November 25, 2025
1 min readLast updated: January 20, 2026
European leaders urge the U.S. to maintain pressure on Russia with sanctions, emphasizing support for Ukraine and discussing financing options.
BRUSSELS (Reuters) -The leaders of the European countries supporting Ukraine, the so-called coalition of the willing, on Tuesday insisted to keep pressuring Russia with sanctions in a video call with U.S. Secretary of Marco Rubio, European Commission President Ursula von der Leyen said.
"Since pressure remains the only language Russia responds to, we will continue to increase it until there is a genuine willingness to engage on a credible path toward peace," she said in post on X.
She said the coalition will keep on supporting Ukraine and that a central point in the negotiations is the financing of Ukraine, which include the use of frozen Russian sovereign assets.
(Reporting by Benoit Van Overstraeten and Inti Landauro)
Sanctions are penalties or restrictions imposed by one country on another to influence its behavior. They can include trade barriers, tariffs, and restrictions on financial transactions.
The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, and managing the day-to-day operations of the EU.
Financial support refers to funds provided to assist individuals, organizations, or countries in achieving specific goals or to help them during difficult times.
A coalition is a group of individuals or organizations that come together for a common purpose, often to achieve a specific goal or to exert collective influence.
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