• Ar
  • Es
Al Mayadeen English
  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Feature
  • Videos
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Feature
Videos
Infographs
In Pictures
  1. Home
  2. News
  3. Europe
  4. European Council: Sanctions against Russia will affect Europe
Europe

European Council: Sanctions against Russia will affect Europe

  • By Al Mayadeen Net
  • Source: Agencies
  • 1 Mar 17:12

The European Council says the sanctions imposed on Russia will also affect Europe, confirming that the European Union will continue to support Ukraine against Russia.

  •  European Council: Sanctions against Russia will affect Europe
    European Council: Sanctions against Russia will affect Europe

The President of the European Council, Charles Michel, said the sanctions imposed on Russia will affect Europe as well, stressing the need to prepare for this situation. 

Michel said in a speech to the European Parliament that the repercussions of sanctions will greatly affect Russia, stressing the mobilization of efforts to prevent the use of the Russian Central Bank reserves. 

He stressed that the European Union will continue to support Ukraine against Russia, noting that the Union will seriously consider Ukraine's request to join it.

The President of the European Council pointed out that Western countries intend to organize an international conference to collect donations, in order to provide support to Ukraine.

This comes at a time when the United Kingdom imposed sanctions on the largest Russian bank "Sberbank", against the Russian military operation in Ukraine.

European countries have imposed a wide range of sanctions on Russian companies and banks while isolating Russia from the SWIFT financial system is being discussed.

Russian Presidency Press Spokesperson, Dmitry Peskov, confirmed that Russia has the necessary capabilities to compensate for the damage caused by the sanctions.

For her part, the White House Spokesperson Jen Psaki said the United States may discuss with Russia the issue of easing sanctions if it takes steps to reduce the escalation in Ukraine.

The Russian forces are continuing their special operation, for the sixth day, to protect the Donbass region, amid an unprecedented escalation of Western sanctions against Moscow.

  • Ukraine
  • Russia
  • European Union
  • European Council

Trending Now

All
Chinese ambassador to Russia, Zhang Hanhui

China guarantees supplies of Russian products to its market: diplomat

Most Read

The littoral combat ship sails in the Pacific.

New alliance formed in the Pacific orchestrated by the US

  • Asia Pacific
  • 25 Jun
The wind blows eastwards, the Saudis know it

The wind blows eastwards, the Saudis know it

  • Analysis
  • 26 Jun
The Bear just defends itself (PART I)

The Bear just defends itself (Part I)

  • Blog
  • 25 Jun
133 successful crossers resort to local migrant centers where authorities would evaluate their circumstances

18 Africans migrants killed while crossing into Spain's Melilla

  • Africa
  • 25 Jun

Read this

All
Marandi for Al-Mayadeen: Doha talks didn't fail, will continue
MENA

Marandi to Al Mayadeen: Doha talks didn't fail, will continue

  • Today
Glasgow claims UK first in planned return of Indian artifacts
Europe

Glasgow to return plundered Indian artifacts; a first in UK history

  • 29 Jun
US FCC chief urges Apple and Google to remove TikTok from app stores.
US & Canada

US FCC chief urges Apple, Google to remove TikTok from app stores

  • 29 Jun
Bennett will not run in the upcoming Knesset elections
Palestine

Bennett will not run in upcoming Knesset elections

  • 29 Jun
Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • About Us
  • Contact Us
  • Authors
Android
iOS