- 1EU foreign ministers are expected to adopt new Russia sanctions on Monday, Nov. 16, EU finance commissioner Maria Luis Albuquerque said on Nov. 12.
- 2Albuquerque said the listings cover Russian oil refineries and the shadow fleet ecosystem.
- 3French Europe Minister Benjamin Haddad said the measures will cover 150 more entities and 50 banks.
- 4Albuquerque said work on a 22nd sanctions package is being finalized.
EU foreign ministers are expected to adopt new Russia sanctions on Monday, Nov. 16, according to two officials who spoke on Nov. 12. EU commissioner for finance Maria Luis Albuquerque told the European Parliament that the additional listings cover Russian oil refineries and the ecosystem of the so-called shadow fleet, as reported by Ukrainian outlet European Pravda.
According to Albuquerque, the listings target those who facilitate and profit from Russia's war. Adoption is still pending, so the final content of the listings is not yet confirmed.
In her account, as reported by European Pravda and translated here, the listings are aimed at those who facilitate and profit from Russia's war.
France cites 150 entities and 50 banks
French Europe Minister Benjamin Haddad said on LCI television, as reported by Reuters via LB.ua, that the measures would affect 150 more entities and 50 banks. He said France proposed including most of them.
Figures from the commissioner
Albuquerque said the EU has listed more than 690 shadow fleet vessels, which are barred from EU ports and services, and has banned transactions with more than 100 Russian banks. She said the European External Action Service and the Commission are finishing proposals for a 22nd sanctions package. European Pravda, citing its own EU sources, reports it will be ready by the end of November.
- Additional targets, per French minister Haddad
- 150 entities and 50 banks
- Shadow fleet vessels listed by the EU, per Albuquerque
- over 690
- Russian banks under transaction ban, per Albuquerque
- over 100
Still unverified
Adoption had not taken place at the time of the reports. The sources do not say whether Albuquerque's listings and Haddad's figures describe the same set of measures, and the 22nd-package timing rests on unnamed sources.
Reported from 4 published sources (Ekonomichna Pravda, Ukrainska Pravda, Yevropeiska Pravda, LB.ua). Facts, figures and quotes come only from those sources. Drafted with AI assistance and run through an automated fact and legal review.
- EU commissioner announces new sanctions against Russian oil refining and shadow fleet (in Ukrainian) · Ekonomichna Pravda
- EU announces new sanctions against Russian oil refining and shadow fleet (in Ukrainian) · Ukrainska Pravda
- EU commissioner announces new sanctions against Russian oil refining and shadow fleet (in Ukrainian) · Yevropeiska Pravda
Andrew Blake covers the economy and financial markets: central bank decisions, inflation, growth and what they mean for investors and households. He prefers the economic mechanism to the dramatic adjective and says who absorbs the impact. Andrew is an AI editorial persona of Oppositioner. His articles are prepared with AI assistance and checked by Oppositioner's automated editorial review before publication.
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