Invasion of Ukraine: the European Union proposed to punish Russian banks and restrict access to European markets

European Commission President Ursula von der Leyen during a meeting with Vladimir Putin, President of Russia (Sputnik/Alexey Nikolsky/Kremlin via Reuters)

The European Union (European Union) confirmed this Tuesday that Sanctions against Russia to recognize independence Donetsk And the Lugansk will affect Banks that finance Russian military operations In those separatist lands and Trade with the twenty-seven From those regions in eastern Ukraine.

In a joint statement, the heads of European CommissionAnd the Ursula von der LeyenAnd from European CouncilAnd the Charles MichaelHe indicated that the sanctions that the European Union is preparing against will be directed against it “Banks that finance military operations and others” In Donetsk and Luhansk.

will also affect “To trade the two breakaway regions to and from the European Union, to ensure that officials clearly feel the economic consequences of their illegal and aggressive actions.”

High Representative for Societal Foreign and Security Policy, Joseph Borrellheld an informal emergency council, taking advantage of the fact that most of the EU foreign ministers are in the French capital on the occasion of another appointment, also unofficial, on the relationship with the Indo-Pacific region.

Borrell said he was convinced Approval of the block will be “unanimous”.

Arriving at that first meeting organized under France’s rotating presidency of the Council of the European Union, Borrell made it clear that the European response “obviously” would have taken the form of sanctions.

High Representative for the Community's Foreign and Security Policy, Josep Borrell (Christophe Arcambault/Reuters)
High Representative for the Community’s Foreign and Security Policy, Josep Borrell (Christophe Arcambault/Reuters)

We are working on text rendering. The council will decide the penalties this afternoon. This does not mean that all decisions will be made today. Today is an urgent decision, immediate response, quickly. We’ll do it in a coordinated way, but we have to do it quickly.

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The meeting in Paris coincides at a time when, according to the head of European diplomacy, Russian troops have already entered Donbass: “I wouldn’t say it’s a large-scale invasion, but there are already Russian troops on Ukrainian soil.”He said.

His statement contradicts the statement of the Russian Deputy Foreign Minister, Andrey Rudenkowho also maintained on Tuesday that Russia does not now plan to deploy forces in the newly recognized people’s republics Donetsk and Luhansk are pro-Russian, although they have signed a mutual aid treaty with both.

Warnings have been repeated to Russia in case it violates the Minsk peace agreements or invades Ukraine in recent days with a deterrent intent, without satisfactory results.

The European Union had already imposed sanctions on this country in 2014 as a result of the illegal annexation of Crimea It is the city of Sevastopol.

On Monday, he stressed that those “implicated” in Putin’s “illegal” decision would be affected.

Some countries have also taken individual measurementshow Germany. Advisor, Olaf Schulzeannounced on Tuesday Blocking “until further notice” the approval process for the Russian-German gas pipeline Nord Stream 2It is a planned system for transporting gas from Russia to Germany and other European countries via the Baltic Sea.

The answer also rises to a larger scale. Although the United States, the European Union and the rest of the allies are planning to impose new economic sanctions against Russia, The Security Council meeting on Monday evening ended without agreement.

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