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Ursula von der Leyen lays out 5 point 'massive and targeted' sanction plan against Putin

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The President of the European Commission, 63, has outlined a fresh wave of sanctions against Putin following a series of attacks which took place in the early hours of Thursday morning.

She stated the new sanctions show a “united” European Union as the union implements severe sanctions, including targeting 70 percent of Russian banking.

In a press conference following the European Council she announced the sanctions, writing on Twitter: “The package of massive and targeted sanctions approved tonight shows how united the EU is.

“First, this package includes financial sanctions, targeting 70 percent of the Russian banking market and key state owned companies, including in defence.

“Second, we target the energy sector, a key economic area which especially benefits the Russian state.

“Our export ban will hit the oil sector by making it impossible for Russia to upgrade its refineries.

“Third: we ban the sale of aircrafts and equipment to Russian airlines.

“Fourth, we are limiting Russia’s access to crucial technology, such as semiconductors or cutting-edge software.

“Finally: visas. Diplomats and related groups and business people will no longer have privileged access to the European Union.”



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