Callas announced a new, large-scale package of EU sanctions against Russia
The European Union plans to introduce a new package of sanctions against Russia in the coming months, which could be the most extensive since the start of the full-scale invasion.
According to Kallas, the current sanctions have already inflicted significant damage on the Russian economy. She noted that the restrictions have cost Russia more than 1 trillion euros.
“For the fall, I am proposing the most extensive package of sanctions since the start of the war. Once adopted, they will immediately increase the total number of Russian legal entities and individuals subject to sanctions by one-third. The pressure must continue to mount until Moscow ends its war,” the head of European diplomacy emphasized.
Thus, the number of Russian companies and citizens subject to EU sanctions could increase by about one-third following the adoption of the new package.
Earlier, on July 23, 2026, the EU Council finalized a new package of sanctions against Russia.
The European Union stated that it is intended to deal “a powerful blow to Russia’s energy sector, financial services, and cryptocurrencies.”
At the same time, Kaja Kallas emphasized that sanctions pressure on Moscow must continue until Russia ends the war against Ukraine.
The new package, which is scheduled to be presented in the fall, is intended to be the EU’s next step in intensifying economic and political pressure on Russia.
The EU’s foreign policy chief, Kaja Kallas, made this statement in an interview with Die Welt.
Earlier, New Zealand Foreign Minister Winston Peters announced a new package of sanctions against individuals and organizations supporting Russia’s war against Ukraine. The sanctions list also includes individuals involved in the abduction and forced re-education of Ukrainian children.
Switzerland has expanded its sanctions lists against Russia over its war against Ukraine, adding nine individuals and 45 organizations. The updated restrictive measures by the State Secretariat for Economic Affairs (SECO) took effect on August 11. Information regarding 11 additional individuals and companies already subject to sanctions was also updated.