Glad to take part in a lively discussion at #GlobalCitizenNOW, on addressing today’s interrelated challenges.
Important to bring together government, cultural and business leaders to discuss defeating poverty, protecting the planet and joining forces to support Ukraine.
We are supporting Ukraine by providing immediate relief, and we are setting up a platform to coordinate the reconstruction of the country.
And we will phase out Russian fossil fuels rapidly. This will bring us energy independence from Russia and accelerate the green transition.
Soon we will celebrate Europe Day.
A day to reflect on our Union.
But also on the future of the EU.
Which today, is also written in Ukraine. twitter.com/i/broadcasts/1…
Today we are presenting the sixth package of sanctions.
First, we are listing high-ranking military officers and other individuals who committed war crimes in Bucha.
We know who you are.
And you will be held accountable.
Second, we de-swift Sberbank – by far Russia's largest bank – and two other major banks.
Third, we are banning three big Russian state-owned broadcasters from our airwaves, that amplify Putin´s lies and propaganda aggressively.
As Russia’s ruthless invasion continues, the EU and our G7 partners continue to ramp up the economic pressure on the Kremlin.
Tomorrow, we will introduce a fourth package of measures to further isolate Russia and drain the resources it uses to finance this barbaric war ↓
We will:
1. Deny Russia the status of Most-Favored Nation in our markets, revoking important WTO benefits.
We’ll also work to suspend its membership rights in multilateral financial institutions like the IMF & World Bank – so no more loans or benefits from these institutions.
2. Continue pressuring Russian elites close to Putin.
3. Make sure that the Russian state and its elites cannot use crypto assets, to circumvent the sanctions.
4. Ban the export of any EU luxury goods from our countries to Russia.