EU proposes new sanctions package against Russia

EU chief Ursula von der Leyen during debate on support for Ukraine, as part of a plenary session at the European Parliament in Strasbourg, eastern France, on March 11, 2025. [AFP]

The European Commission said Friday it has presented a fresh package of sanctions against Russia for approval by member states, as the bloc seeks to up the pressure on Moscow over the war on Ukraine.

EU chief Ursula von der Leyen, who was to outline details of the package later Friday, anticipated this week that it would target crypto and banks, and seek to speed up the phase-out of Russian fossil fuel imports.