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EU targets additional 54 individuals and 10 entities including major Russian bank

Business 14:27 22 Jul, 2022

We are effectively banning Russia’s most significant export after energy – Russian gold

EU targets additional 54 individuals and 10 entities including major Russian bank

European Council has imposed restrictive measures on 54 individuals and 10 entities, including Sberbank, in response to Russia's aggression against Ukraine, Qazet.az reports citing CNN.

"We are listing another major Russian Bank, Sberbank, and preventing it from conducting transactions outside Russia," EU foreign policy chief Josep Borrell said Friday.

"We are also adding further individuals involved in Russia’s unprovoked aggression against Ukraine, such as military officials, the Nightwolves motorcycle club and disinformation actors," Borrell added.

This decision is in addition to the “maintenance and alignment” package of sanctions adopted by the Council Thursday.

The listed individuals include Syrians responsible for recruiting mercenaries fighting in Ukraine alongside Russian troops, the EU council said.

The European Union further tightened sanctions against Russia by adopting additional measures Thursday.

"We are effectively banning Russia’s most significant export after energy – Russian gold," Borrell said.