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Time to suffocate Russia's economy after 17th EU sanctions package, France says

  • French Minister Jean-Noël Barrot revealed that on May 14, 2025, EU leaders formally requested the European Commission to develop additional sanctions targeting Russia.
  • This request follows limited results from existing sanctions and hinges on Russia accepting a proposed unconditional 30-day ceasefire to enable peace talks.
  • The 17th sanctions package, due for formal adoption on May 20 in Brussels, targets about 200 oil tankers linked to Russia's shadow fleet and expands restrictions on energy and financial sectors.
  • Barrot cautioned that if Putin refuses the ceasefire proposal, authorities are ready to implement even harsher sanctions aimed at crippling Russia’s economy once and for all.
  • The expanded sanctions aim to intensify economic pressure on Russia to force progress toward a ceasefire and ultimately end the war in Ukraine.
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Zeit Online broke the news in Germany on Tuesday, May 13, 2025.
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