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    EU Unveils Crushing New Sanctions Against Russia

    The European Union announced a new package of sanctions against Russia on Saturday, May 24, 2025. The measures aim to further isolate the Russian economy and limit its ability to finance the war in Ukraine. Key components include disconnecting additional Russian banks from the SWIFT international payment system, reducing the price cap on Russian oil, and imposing a complete ban on the operation of the Nord Stream pipelines. A senior EU official stated, "These sanctions are designed to significantly weaken Russia's economic capabilities and further pressure them to end their aggression." The impact of these sanctions remains to be seen, but they represent a significant escalation of the economic conflict between the EU and Russia. The move is a show of continued support for Ukraine and a determination to hold Russia accountable for its actions.

    2 months ago
    CZ
    Brussels
    news summary
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