AKSJF - EU officials weigh new sanctions against Russian banks - WSJ

As Russia's invasion of Ukraine takes hold, officials at the European Union are considering new sanctions against Russian banks, diplomats and officials familiar with the matter told the Wall Street Journal Wednesday.  European countries also aim to strengthen curbs on the use of cryptocurrencies to undermine financial restrictions. The efforts come as the U.S. and the EU work together to ensure an effective implementation of the previously announced sanctions on Russia, the WSJ noted. Note that a proposal, which needs to be agreed on by all 27 member states, on the new sanctions is expected next week from the European Commission. In an effort to pressure countries that are making it possible for Russian residents to move assets beyond the reach of Western sanctions, the EU is exploring whether to place Russia on its blacklist, though officials said no decision is imminent on that, the WSJ explained.  Furthermore, the U.S. government and

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EU officials weigh new sanctions against Russian banks - WSJ