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Does The EU Still Have The Sanctions Cards Needed To Hurt Russia?

  • The European Union approved its seventeenth sanctions package against Russia on May 20, applying new restrictions mainly in shipping and energy sectors.
  • This move follows Russia's refusal to accept a ceasefire and comes amid ongoing disagreements over conditions for peace talks.
  • The package blacklists nearly 200 additional vessels from Russia’s so-called "shadow fleet," focusing on ships used to bypass limits on oil pricing and to carry goods subject to sanctions.
  • Ukrainian President Zelenskyy said “Sanctions matter,” while EU officials like Kaja Kallas emphasized continuing robust sanctions to pressure Russia towards peace.
  • Despite significant economic impact, experts note the EU may need stronger measures with US cooperation, as sanctions alone have not stopped Moscow's aggression.
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President Volodymyr Zelensky in an evening video message welcomed the adoption of the 17th package of EU sanctions against Russia.

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trend.sk broke the news in on Tuesday, May 20, 2025.
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