Massive and targeted sanctions, agreed by EU leaders, will have severe consequences for Russia.

These sanctions cover:

⛔️The financial sector
⛔️The energy and transport sectors
⛔️A ban on the export of aircraft spare parts
⛔️Access to important technology
⛔️Visa policy
⛔The financial sector

We target 70% of the Russian banking market and key state-owned enterprises, including in the defence sector.
⛔The energy and transport sectors

Export ban will hit the oil sector by making it impossible for Russia to modernise its refineries.
⛔️A ban on the export of aircraft spare parts

It will affect the key sector of the Russian economy and the country's connectivity.

Three-quarters of Russia's current commercial aircraft fleet was built in the European Union, the US and Canada.
⛔️Access to important technology

It will affect Russia's access to key technologies it needs to build a prosperous future - such as semiconductors or advanced technologies.
⛔️Visa policy

Diplomats and related groups, as well as business people, will no longer have privileged access to the European Union.

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More from @EU_Commission

Feb 26
President Putin has launched an unprecedented and unprovoked military attack against Ukraine.

We are responding in the strongest possible terms, by adopting the harshest ever package of restrictive measures.

Thread ↓
Image
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Read 11 tweets
Feb 23
Decent work is the foundation of a decent life.

We are strengthening our efforts to promote #DecentWork worldwide by:

🔹 setting out a strategy with new and existing tools;
🔹 preparing a new legislation to ban products made by forced labour from entering the EU.

#SocialRights
Around the world:
🌐 160 million children are in child labour, and
🌐 24.9 million people are in a situation of forced labour.

These practices must stop.

The elimination of child labour and forced labour is at the heart of our strategy for decent work worldwide.

#SocialRights
Many workers worldwide still see their labour and social rights threatened daily.

We will reinforce our actions to change this situation, guided by the 4️⃣ elements of the universal concept of decent work. ↓

More details: europa.eu/!KxC377

#SocialRights
Read 4 tweets
Feb 23
The Data Act is a pillar of the European Data Strategy.

It will foster a competitive data market by opening up new opportunities for businesses and making data more accessible to every consumer and business.

#EUDataAct #DigitalEU
The volume of data is constantly growing, from 33 zettabytes in 2018 to an expected 175 zettabytes in 2025.

The Data Act addresses the legal, economic and technical issues that lead to data being underused.

#EUDataAct #DigitalEU
This initiative is crucial for defining an open Single Market for data.

The new rules will make more data available for re-use and are expected to create an additional €270 billion in GDP by 2028.

#EUDataAct #DigitalEU
Read 4 tweets
Feb 21
Together with Africa, we are working to improve the world we live in.

#GlobalGateway is a strategy for investment in infrastructure and people.

The first regional plan is a €150 billion investment package for Africa. ➞ europa.eu/!hPjn4T

A thread with some initiatives⬇️
🔹Building climate resilience

#TeamEurope initiatives will contribute to supporting disaster risk reduction & climate change adaptation, enhance disaster preparedness for effective response and recovery, rehabilitation & reconstruction.
🔹 Great Green Wall Initiative

This #GlobalGateway initiative spans 18 countries.

It aims to green the Sahel, improve climate resilience and restore dignified and sustainable living conditions, contributing to improving stability and security across the region.

#AfricaEU
Read 7 tweets
Feb 18
When it comes to #GlobalGateway investments in infrastructure, our top priority is energy.

#TeamEurope will support Africa by:
🔷 increasing renewable energy capacity,
🔷 better access to reliable energy,
🔷 promoting sustainable energy use.

#AfricaEU
🟢 Investing in infrastructure.

#TeamEurope will provide funding and support for ongoing projects, electricity interconnections & transmission lines across countries, setting up the Africa Single Electricity Market.

#AfricaEU #GlobalGateway
🟢 Partnerships with countries championing energy transition.

The objective is to decarbonise the energy mix, including by phasing out coal, optimising the share of transitional sources of energy and investing in renewable energies as well as energy efficiency.

#AfricaEU
Read 5 tweets
Feb 17
Ukraine is a free and sovereign country.

The new Emergency Macro-Financial Assistance programme will provide €1.2 billion to help Ukraine strengthen its economic stability and resilience, directly benefiting Ukrainian citizens.

#Ukraine#EUSolidarity Image
The Economic and Investment Plan for the Eastern Partnership will leverage up to €6.5 billion investments to:

🟡Support SMEs
🟡Assist small farms
🟡Update border crossing points
🟡Modernise public IT infrastructure
🟡Reduce household energy bills

#EUSolidarity Image
We are firmly committed to a modern Ukraine.

We have shown our support in the fight against the COVID -19 pandemic — 3.7 million doses of vaccines shared by Team Europe on top of 8.4 million doses from the COVAX Facility.

#Ukraine#EUSolidarity Image
Read 6 tweets

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