ISRAEL AT WAR - DAY 63

Live UpdateFrom the Liveblog of Thursday, February 24, 2022

Germany vows sanctions to ‘dramatically limit’ Russian access to EU, US markets

By AFP 24 February 2022, 4:14 pm 0 Edit

Western allies will unleash sanctions that will drastically restrict Russia’s access to the European and American markets, Germany’s vice chancellor says, after Russia invaded Ukraine.

The “strong sanctions package” will “cut off the Russian economy from industrial progress, will attack and freeze assets and financial holdings, and will dramatically limit access to the European and American markets,” says Robert Habeck.