EU Commission President Ursula von der Leyen argues that Russia’s failure is “only a matter of time”. Meanwhile, Europe is working on the sixth package of sanctions.
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“Russia’s national failure is only a matter of time.” EU Commission President Ursula von der Leyen is convinced of this, as she told the German newspaper “Bild”. “Sanctions are penetrating the Russian economy deeper every week: exports to Russia have collapsed by 70%. 700 Russian planes have lost their licenses due to a lack of spare parts and software updates. Hundreds of large companies and thousands of experts are turning their backs on the country,” said the Commission President, adding that “according to the latest forecasts, gross domestic product in Russia will fall by 11%”.
“With this war noted the President of the European Commission Putin is also destroying his own country and the future of his people”.
Will Russia cooperate in investigating war crimes in Ukraine?
At the moment it is necessary to continue to support Ukraine, including by sending weapons: “I do not distinguish between heavy and light weapons Kyiv and Bucha, which “again encouraged me to support Ukraine and to do everything to protect it to avert brutal and unjustified aggression by Russia”.
Towards sanctions against Russian oil
“We are currently developing intelligent mechanisms so that oil can also be included in the next phase of sanctions,” said Ursula von der Leyen, referring to the sixth EU sanctions package against Russia. “The primary goal is to reduce Putin’s income. But oil is traded worldwide. What must not happen is that Putin charges even higher prices in other markets for supplies that would otherwise go to the European Union,” said the president and added Targets of the new sanctions will continue to include the banking sector, “particularly Sberbank, which alone accounts for 37% of Russia’s banking sector”.