EU Council has extended the restrictive measures targeting those responsible for undermining or threatening the territorial integrity, sovereignty and independence of Ukraine for another six months, until 15 September 2025.
Sanctions will continue to apply to nearly 2,400 individuals and entities targeted in response to Russia’s ongoing "unjustified and unprovoked military aggression against Ukraine", - EU Council stated. In the context of the sanctions' review, the Council also decided not to renew the listings of 4 individuals and to remove 3 deceased persons from the list," it noted.
The existing restrictive measures provide for travel restrictions for natural persons, the freezing of assets, and a ban on making funds or other economic resources available to the listed individuals and entities.
"The European Union remains ready to step up pressure on Russia, including by adopting further sanctions,"- EU Council added.
After 24 February 2022, in response to Russia’s military aggression against Ukraine, the EU massively expanded sanctions against Russia with the aim of significantly weakening Russia's economic base, depriving it of critical technologies and markets, and significantly curtailing its ability to wage war.
The European Council also reconfirmed the EU’s unwavering commitment to providing continued political, financial, economic, humanitarian, military and diplomatic support to Ukraine and its people for as long as it takes and as intensely as needed.
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The U.S. ambassador to Portugal has urged Lisbon to replace its ageing F-16 fighter jets with Lockheed Martin’s F-35, saying the stealth aircraft would ensure compatibility with Europe’s top-tier air forces.
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Hungary has said it will block the European Union’s latest sanctions package against Russia unless oil supplies through the Druzhba pipeline are restored, deepening a dispute with Brussels and Kyiv over energy security.
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Iran announced on Saturday (21 February) that it has designated the naval and air forces of European Union member states as “terrorist entities” in a reciprocal move after the EU blacklisted the Islamic Revolutionary Guard Corps (IRGC).
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Italy said a fond farewell to the Winter Olympics on Sunday with an open-air ceremony in the ancient Verona Arena that celebrated art and sporting achievement at a Games lauded as a model for how to stage such events.
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The U.S. Supreme Court has overturned key elements of President Donald Trump’s global tariff policy, creating uncertainty ahead of his March meeting with China’s Xi Jinping. The ruling raises fresh questions about the future of U.S.-China trade relations and the stability of the global economy.
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