EU Prepares Massive Expansion of Sanctions Against Russian Entities
European Union foreign policy chief Kaja Kallas announced plans for the bloc's most far-reaching sanctions package to date against Russia. The proposed measures aim to increase the number of sanctioned Russian entities by approximately one-third, targeting the country's ability to sustain its military operations in Ukraine. This development follows reports that existing sanctions have already cost the Russian economy over €1 trillion, as the EU seeks to tighten economic pressure on Moscow.
Date: August 17, 2026
Location: Brussels, Belgium
Conflict: Russia-Ukraine War
Category: sanctions
Severity: MEDIUM
Source: AnewZ