Business news from Ukraine

THE FIFTH PACKAGE OF EU SANCTIONS INCLUDES BAN ON IMPORT OF RUSSIAN COAL AND ON TRANSACTIONS WITH 4 BANKS

5 April , 2022  

The President of the European Commission (EC), Ursula von der Leyen, announced on Tuesday proposals for new sanctions of the EU’s fifth package against Russia.
“The ban on coal imports from Russia worth 4 billion euros per year, which cuts another important source of income for Russia. A complete ban on transactions with four key Russian banks, including VTB, the second largest Russian bank,” the report said. statement of the head of the EC, published on Twitter.

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