News
EU announces new sanctions on Russia after Putin skips Ukraine talks
“We want peace, and therefore, we have to increase the pressure on President Putin till he is ready for peace,”
European Commission President Ursula von der Leyen announced Friday that the European Union is preparing a new package of additional sanctions against Moscow.
This decision comes after Russian President Vladimir Putin did not travel to Turkey for planned negotiations with Ukraine.
“We’re working on a new package of sanctions,” von der Leyen said, upon her arrival at a meeting of European leaders in Tirana.
Von der Leyen stated that these forthcoming measures would build upon the sanctions endorsed by EU member states earlier this week. The new sanctions are slated to target the Nord Stream 1 and 2 pipelines, include more vessels belonging to the so-called Russian shadow fleet, further lower the oil price cap, and impose additional restrictions on Russia’s financial sector.
“We want peace, and therefore, we have to increase the pressure on President Putin till he is ready for peace,” she added.
“We want peace, and therefore, we have to increase the pressure on President Putin until he is ready for peace,” von der Leyen emphasized.
ALSO READ : IOM Nigeria pledges stronger media partnership to tackle migration challenges
British Prime Minister Keir Starmer, also present in Tirana, echoed this sentiment, stating that Ukraine’s allies “will act together in relation to sanctions” if a ceasefire is not achieved.
“I think that what we saw yesterday and overnight is yet more evidence that Putin is not serious about peace. He’s been dragging his heels,’’ Starmer added.
“It’s really important, therefore, that we have absolute unity with our allies,” Starmer stressed. He added, “I think that what we saw yesterday and overnight is yet more evidence that Putin is not serious about peace. He’s been dragging his heels.”
The announcement signals a continued effort by the EU and its allies to exert economic pressure on Russia in response to the ongoing conflict in Ukraine and the lack of progress in diplomatic negotiations.
-
Featured5 days agoInside INEC’s race to prepare for Nigeria’s 2027 elections
-
Latest1 week agoUCTH faces morgue crisis as 50 unclaimed corpses await mass burial
-
Featured5 days ago2027: APC unveils nationwide campaign timetable, Tinubu to rally in 12 states
-
Business7 days agoBREAKING: Nigeria’s Inflation Rate Drops to 14.63% in September
-
Business6 days agoPresident Tinubu and the Low Transport Fares Fiasco
-
Business5 days agoCourt dismisses ₦170m Trade Fair contract claim, says Zenith Bank was not a party
-
Business2 days agoNaira faces exchange rate gap as Dollar hits N1,380 on parallel market
-
Latest5 days agoBreaking: NNPCL raises petrol price to ₦1,405 per litre amid discount controversy


