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The EU is preparing sanctions in response to Putin’s gas ultimatum – media

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The size of the new measures against the Russian Federation depends on the position on payments for gas in rubles. A package of new penalties could be ready early next week.

The European Commission is preparing new sanctions against Russia, depending on the position of the Kremlin on payments for gas in rubles. This was reported on March 30 by Reuters, citing EC sources.

It was noted that a new set of measures could be ready early next week, and now the European Commission is consulting with EU governments about the “compliance package”.

According to the agency, the package of sanctions will almost certainly include the blocking of loopholes, due to which Russia’s sanctioned entities are exceeding the measures already taken. We are talking about the use of cryptocurrencies, trusts and fictitious companies in offshore jurisdiction, as well as the transfer of assets to relatives.

At the same time, it is possible that the sanctions will be extended in connection with Russia’s gas ultimatum. If Russian President Vladimir Putin insists on ruble payments for gas supplies, the package could include more stringent measures, Reuters sources said, but did not specify which.

Recall that in response to Western economic sanctions, Putin said that payment for Russia’s gas supplies to “unfriendly countries” was translated into rubles.

The European Union has denied this request.

Later, the Russian Federation clarified that the transition to payment for gas in rubles will be gradual.

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Source: korrespondent

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