MONEY
EU Agrees on 21st Sanctions Package Against Russia
EU diplomats have finally cleared the bloc's 21st Russia sanctions package after cutting a compromise deal with Greece.
EU ambassadors have officially agreed on a 21st package of sanctions targeting Russia, following negotiations that required a compromise with Greece. The proposed measures home in on high-impact sectors including energy, financial services like crypto-assets, and trade restrictions.
- EU ambassadors agreed on the 21st Russia sanctions package following negotiations with Greece.
- The package targets high-impact sectors including energy and trade restrictions.
- Financial services, specifically including crypto-assets, are a primary focus of the new measures.
WHY THIS MATTERSWHY THIS MATTERS: Every new trade clampdown or energy restriction ripples straight back into global supply chains, hitting the price of everything from fuel to digital assets right as your rent is due.