EU to present new Russia sanctions package, Ukraine funding measures by year-end

Résumé détaillé

DUBLIN, Nov 12 - The European Commission will present a new sanctions package against Russia and proposals on Ukraine-related financial measures before the next European Council, European Commission President Ursula von der Leyen said on Thursday. Read more at straitstimes.com.

European Commission President Ursula von der Leyen speaks to the media on the day of the European Political Community summit in Dublin, Ireland, November 12, 2026. REUTERS/Natalia Campos

DUBLIN, Nov 12 - The European Commission will present a new sanctions package against Russia and proposals on Ukraine-related financial measures before the next European Council, European Commission President Ursula von der Leyen said on Thursday.

"We are ... preparing a proposal (on) how to cover the financial needs of Ukraine in 2027. We will come with the sanctions package and the proposal for the financial needs before the next European Council," she said ahead of a meeting with international leaders in Dublin.

The package will be the EU's 22nd against Russia over its full-scale invasion of Ukraine nearly five years ago. The Commission is still debating the final details.

Among the measures, the package is expected to include new restrictions on banks, cryptocurrencies and crypto platforms, and measures to close circumvention loopholes through third countries, EU diplomats said. The package may also include a ban on Belarusian and Russian athletes competing in international meets in the EU, the diplomats said.

Kallas added that discussions were ongoing about potential visa restrictions on Russian ex-combatants. REUTERS

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