21 Jul 2026
EU threatens Russia with total economic and financial war
The head of the French Ministry of Finance said that the European Union will wage an all-out economic and financial war against Russia, RIA Novosti reports.
Western countries announced new sanctions against Moscow after the start of a military special operation in Ukraine. The European Union decided to ban operations related to the management of reserves and assets of the Bank of Russia. The restrictions also affected large financial institutions.
For some companies, it is now difficult to raise capital from abroad.
Germany has stopped the process of certification of the Nord Stream 2 gas pipeline.
The European Union has banned flights over the territory of the Union countries, companies will stop supplying aircraft or parts used in them to Russia.
Moscow said they were ready for sanctions and would support business.
Latest news
Latest newsBaku Says It has Reached ''Real Peace'' with Armenia, but Sets Condition for Historic Agreement
16.Jul.2026
The Verkhovna Rada of Ukraine Forms New Government Amid Protests Over Defense Minister Dismissal
16.Jul.2026
Ursula von der Leyen Arrives in Ukraine with a New Aid Package and Drone Agreement
15.Jul.2026
Uzbekistan Bets on Georgian Ports as Tashkent Expands Its Trade Route to European Markets via the Black Sea
14.Jul.2026
Turkmenistan and the USA Explore New Areas of Cooperation as Ashgabat Hosts U.S. Senator Steve Daines
13.Jul.2026
Engineers Instead of Soldiers: Kazakhstan Hosts Its First Engineering Technologies Championship
12.Jul.2026
Transit Instead of Confrontation: Russia Expands Cargo Shipments to Armenia via Azerbaijan
12.Jul.2026
Europe Accelerates Rearmament: EU Countries Prioritize Missiles, Air Defense Systems, and Drones
10.Jul.2026
Russia Begins Using New FPV Drones to Strike Ukraine's Energy Infrastructure
10.Jul.2026
US Ready to Lift Sanctions on Turkiye and Restore Its Participation in the F-35 Program
09.Jul.2026