The G7 is thinking about introducing its own sanctions against Russia
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The European Union and the G7 countries are preparing a new package of sanctions
The European Union announced its readiness to propose a new package of sanctions as early as February, Bloomberg writes.
The package, which will be the 13th, will include proposals to include dozens more individuals and legal entities on the list.
EU ambassadors were briefed on the details over the weekend, anonymous sources told the agency. New economic restrictions are still in development. The measures are reportedly being coordinated with G7 allies. Each of them is expected to publish its own package of sanctions on the twentieth of February.
The G7 and EU countries have reportedly begun discussing a plan to use Russia’s frozen assets as collateral to help rebuild Ukraine.
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