New EU sanctions will ‘hit Putin where it hurts most’, says foreign policy chief Kallas – Europe live

Ukraine peace will require ‘new ideas’ to break deadlock in talks, Rubio says

Rubio says there will need to be “new ideas” put on the table to reach an agreement on ending the war in Ukraine, as the proposals put forward so far were “not acceptable to Ukraine at the time, and I don’t think it’d be acceptable to them either; in fact, probably less acceptable to them.”

“If, when peace comes, it’ll be because of some new idea and some new concepts, and we’re prepared to offer some of those in the right setting and form if the opportunity presents itself and the conditions are right. We’re prepared to play that role in a positive way.”

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New EU sanctions ‘hitting Putin where it hurts most’ in ‘largest round’ of listings, foreign policy chief Kallas says

EU foreign policy chief Kaja Kallas has offered a bit more detail on the new package of sanctions, saying they are “the largest round in four years,” and will “hit Putin where it hurts most.”

In a statement, she said:

“We have agreed on the 21st sanctions package against Russia.

It delivers sweeping measures targeting Moscow’s financial system, its military-industrial complex and energy sector, that keep Russia’s war economy running.

We are hitting Putin where it hurts most: cutting off the financial lifelines he relies on to sustain his war.

This is not the end of the road on sanctions. We are already working on the next steps. The EU must be ready to respond to any further Russian escalation.

This is our largest round in four years, totalling 218 listings.

We’ve hit more than a hundred banks and crypto operators, over 40 shadow fleet vessels, and several oil refineries in Russia and Belarus, who help keep Moscow’s war going.

We are also responding to Russia’s relentless attacks on civilians, infrastructure and cultural heritage by listing more than 50 military-industrial entities, including key actors involved in the production of Russia’s long-range drones.

This comes on top of last week’s sanctions on those responsible for the abuse and killing of Ukrainian prisoners of war and civilian detainees, alongside tech companies enabling the Kremlin’s repressions of internet users.”

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