Skip to content

Corruption Ledger

The Public Ledger of Corruption

  • Corruption
    • banks
    • corporate
    • environment
    • government
    • health
    • leaks
    • misinformation
    • protest & unrest
  • Crime
  • Sanctions
    • sanctions news
    • global sanctions feed
    • european sanctions feed
    • canadian sanctions feed
    • US sanctions feed
  • International Conflict
    • war
    • war machines
  • Business & Economy
  • Tech
  • Privacy
  • Regions
    • Africas
    • Asias
    • Europe
    • Oceania
    • Middle East
    • U.S.
    • World
  • News about Journalism
  • Toggle search form
  • US / SEC sues Coinbase and Binance, files motion to freeze Binance assets _enforcement
  • Document reveals why Canada arms Saudi Arabia – media Business & Economy
  • Nord Stream attack: Leaked US intel. suggests pro-Ukrainian group behind sabotage + Corruption Ledger #RealityCheck corporate corruption
  • Kremlin critic Kara-Murza goes on trial for treason Censorship Free Speech
  • Wave of raids, arrests target government critics in Tunisia government corruption
  • Russia vs. journalism: Vladimir Putin must release Wall Street Journal reporter Evan Gershkovich Censorship Free Speech
  • Ukraine, media falsely report that Jewish Babyn Yar memorial was bombed by Russia Corruption
  • Report: Russia formally charges Wall Street Journal reporter Censorship Free Speech

EU’s 6th package of anti-Russian sanctions: oil embargo, banking bans, media bans

Posted on June 27, 2022May 17, 2023 By 4am Research No Comments on EU’s 6th package of anti-Russian sanctions: oil embargo, banking bans, media bans

Jun 27, 2022. The European Union’s governing body has published a list of new sanctions against Moscow, accusing Russia of a “continuing war of aggression against Ukraine.” The sixth batch of restrictions since February contains a phased embargo on oil imports, restrictions against some Russian banks and broadcasters, and the blacklisting of people Brussels accuses of war crimes.

The Council of the European Union officially announced the sanctions package on Friday. EU High Representative for Foreign Affairs and Security Policy Josep Borrell said the move is intended to limit Russia’s “ability to finance the war” and ban “disinformation actors.”

Oil embargo

EU countries have six months to stop imports of Russian crude oil, and eight months to end importation of “other refined petroleum products.” There will be a “temporary exception” of unspecified duration for member states that, “due to their geographic situation, suffer from a specific dependence on Russian supplies and have no viable alternative options.” Though none were named, Hungary and Austria have been previously mentioned in this context.

Bulgaria and Croatia were also given “temporary derogations” so they can continue to import Russian “seaborne crude oil and vacuum gas oil,” respectively.

SWIFT banking blockade

The EU has also blocked three additional banks in Russia and one in Belarus from the SWIFT international transfer protocol. The ban affects Russia’s largest bank Sberbank, Credit Bank of Moscow, and the Russian Agricultural Bank, as well as the Belarusian Bank for Development and Reconstruction.

Media Ban

Brussels has also sanctioned three Russian media outlets it described as “state-owned,” and accused of being “instruments to manipulate information and promote disinformation,” as well as “propaganda” to “destabilize” Ukraine and the EU.

Russia 24 and RTR Planeta – parts of the VGTRK public broadcasting service – as well as Moscow city broadcaster TV Centre will be banned from broadcasting activities, though their staff can still conduct research and interviews.

Other bans and restrictions

EU individuals and entities are now prohibited from providing accounting, public relations, or consulting services to Russia. The bloc is also banning the export of 80 chemicals “which can be used to produce chemical weapons,” and expanding the list of dual-use goods and technology that could potentially be used in the Russian defense and security sectors.

An expanded list of individuals and entities will include “personalities supporting the war,” family members of government officials, defense industry companies, as well as people the EU claims were responsible for atrocities allegedly committed by Russian troops in Bucha and Mariupol.

The Russian Foreign Ministry warned on Thursday that the European restrictions will have self-destructive consequences for the bloc. Russia will withstand the Western pressure, which will primarily harm the citizens of EU countries, the ministry added.

RT

Related

_enforcement, banks, Business & Economy, Corruption, Enforcement Actions, Sanctions Tags:All Regions, Corruption, European Union, Region Asias, Region Europe, Russia, Russia Sanctions

Post navigation

Previous Post: UK government introduces additional trade sanctions against Russia
Next Post: Schwab Subsidiaries Misled Clients About Hidden Fees

You must log in to post a comment.

Wall of Shame

  • Ledger of Lies
  • Enforcement Actions
  • Misinformation & Censorship
  • In Court

Recent

  • US / SEC sues Coinbase and Binance, files motion to freeze Binance assets
  • Raging Canada Wildfires Threaten Critical Infrastructure, Force Evacuations
  • Disgruntled employer Fox News says Tucker Carlson breached his contract: Report
  • Saudi crown prince, US’ Blinken had ‘candid’ talks in Jeddah
  • Italian police search former defense exec’s home in corruption probe
  • Meta to let users refuse its cross-site tracking following German antitrust intervention
  • Ex-CIA advisor theorizes date when Dollar’s dominance may start to crumble
  • Treasury ‘sleeping at the wheel’ on PwC tax scandal
  • Biden Signs Bill to Raise US Debt Ceiling to Avoid Default
  • A federal judge rejects Tennessee’s anti-drag law as too broad and vague
About CL
  • Lawsuit filed against Twitter, Saudi Arabia; claims acts of transnational repression committed Business & Economy
  • Canada faces questions over alleged Chinese interference Corruption
  • Lawyer duped by ChatGPT facing legal sanctions Lawsuits
  • California’s Feinstein returns to Senate amid calls for resignation Corruption
  • Greenpeace to shut down in Russia after being declared ‘undesirable organization’ banks
  • Wall Street bank earnings under pressure following crisis banks
Rumble Video

Copyright © 2022 Corruption Ledger. This web site contains no ads.