Politika

Will hit Putin's oil income: the EU agreed in the 8th package of sanctions against Russia-Politico

Journalists write that a new package of sanctions will not only hit Russian oil industry, but also deprive the army of the Russian Federation of technologies that are needed for war. Ambassadors of the European Union have reached an agreement on new sanctions against Russia, including limiting prices for the sale of Russian oil. About it writes Politico.

The material said that the 8th package was offered by the President of the European Commission Ursula von der Layen after Russian President Vladimir Putin began to threaten the use of nuclear weapons in Ukraine and announced the start of mobilization in the Russian Federation. Journalists write that a number of EU countries have expressed concern about new measures, especially regarding the upper limit of oil prices.

At the same time, the European Union is working to make Putin pay for the escalation of his invasion. It is reported that the new package provides for the legal basis of the price ceiling, which was previously agreed by the G7 countries. There is no decision about the actual price or price range of future restrictions. The package is also aimed at striking the Russian steel industry and depriving the military of the Russian Federation of key technologies for war.

It includes additional measures against persons who help Putin, forbids citizens of the EU countries to meet the councils of directors of Russian state -owned enterprises. The material states that Malta, Greece and Cyprus, whose tankers transport most of Russia, were concerned about the impact of oil prices for their navigable industries. This has led to some concessions about these countries.

For example, it is reported that the project refers to the commission monitoring system that will evaluate bypass methods, such as changing vessels. If the commission reveals a "significant loss of business" through these evasion practices, it will "propose measures to mitigate" the impact of these methods. It should be reminded that the ban on import of most of the crude oil from Russia will come into force in December.

Earlier, Focus wrote that in the United States offered a plan of restriction of oil prices from the Russian Federation. However, the price at which the sale of Russian oil will be restricted is not yet determined. It should also be reminded that the World Bank evaluated Ukraine's economic prospects. According to the organization, according to the results of 2022 the country's economy will decrease by 35%, but next year will show positive dynamics.