The EU is finalising a fifth package of sanctions against Russia, European Commission Executive Vice-President Valdis Dombrovskis told a press conference after the Economic and Financial Affairs Council (ECOFIN).
This is the EU’s response to the Bucha massacre – “Russia’s latest atrocities and its callous attitude to non-combatants – innocent civilians – that have shocked the world”.
Dombrovskis added that the EU would continue to ramp the sanctions up as long as Russia continues its aggression.
He also said that EU countries should coordinate and work together, including with the EU’s global partners, “to make sure that sanctions are properly and quickly enforced, not circumvented”.
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“Any loophole should be closed off, quickly and firmly. Sanctions that exist only on paper are just that – paper. We want sanctions to continue biting Putin’s regime hard in the real world,” said Domrovskis.