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

  • On May 14, 2025, France led EU leaders in adopting a 17th sanctions package targeting Russia's energy and financial sectors to pressure a ceasefire in Ukraine.
  • This action followed calls from Ukraine's President Zelensky for peace talks in Istanbul, with Russia yet to respond and US President Trump potentially attending the talks.
  • The sanctions include blacklisting about 200 shadow fleet oil tankers that circumvent export bans and sanctioning 30 companies linked to dual-use goods for Russia's military.
  • French Minister Jean-Noël Barrot said the bloc must expand sanctions to "suffocate once and for all Russia's economy" and stressed that peaceful negotiations require an immediate ceasefire.
  • The package aims to maintain pressure on Russia, with EU ministers expecting to formally approve it on May 20, while noting challenges and the need for US coordination.
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Zeit Online broke the news in Germany on Tuesday, May 13, 2025.
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