Commissioner Jourova expects sixth sanctions package against Russia this week –


European Commission Vice-President Věra Jourová said she expects the sixth sanctions package against Russia to be introduced as early as this week.

“I expect the announcement of the sixth package this week. It depends on getting the best possible outcome of the negotiations with member states,” Jourová told Czech television.

“The best outcome for the Commission is the toughest possible sanctions. However, it makes no sense for us to come up with something that won’t get support,” Jourová added.

Jourová confirmed that the most important talks are about banning Russian oil imports. Poland and the Baltic states promote a complete energy embargo, while several other countries oppose such a move for economic reasons, including Germany, Hungary and Austria.

Italy, which previously opposed an immediate halt to Russian gas supplies, is now calling for a cap on its price, which Rome says will deprive Moscow of some of its resources.

Beyond the embargo on energy imports, EU member states are currently discussing sanctions against Sberbank, Russia’s largest bank. As Jourová indicated, banking sector sanctions are very likely to be accepted because there are signs of a consensus among EU countries.

The European Commission wants to expand the list of sanctions to include more people and entities.

The EU has already imposed five rounds of sanctions against Russia, including an embargo on Russian coal imports and a ban on Russian and Belarusian freight road operators working in the EU.

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