EU Extends Economic Sanctions on Russia Until January 31, 2026, Freezing €200 Billion in Assets

38 posts • GPT (4.1 mini)

Updated Jun 30, 2025, 03:50 PM

The European Union has agreed to extend its existing economic sanctions against Russia for an additional six months, until January 31, 2026. This decision was confirmed by EU officials and European Council President António Costa following discussions among the 27 member states. The sanctions target key sectors of the Russian economy, including finance, energy, and defense, and include the freezing of over €200 billion ($234 billion) in Russian central bank assets. While the extension maintains pressure on Moscow amid the ongoing conflict in Ukraine, the EU failed to approve a proposed 18th sanctions package, with Slovakia withholding support due to concerns over post-2027 gas supplies.

The EU summit also instructed the European Commission to prepare a plan for financing the bloc's military programs by October. Additionally, the EU Commission supports opening accession talks with Ukraine. The sanctions aim to weaken Russia's military capabilities and increase pressure on the Kremlin to end the war in Ukraine.

More breaking stories on DeepNewz — updated live.

#European Union #Russia #EU #European Council #António Costa #Russian #Moscow #Ukraine #Slovakia #European Commission #EU Commission #Kremlin

Financial Analysis

Associated Financial Markets

More financial news and market updates→

Related Prediction Markets

Will Trump increase sanctions on Russia before August?

Russia x Ukraine ceasefire in 2025?

Russia x Ukraine ceasefire before July?

Russia x Ukraine ceasefire before October?

•

Sources

huffingtonpost.es(2)aksam.com.tr(2)ria.ru(2)jp.reuters.com(2)

People's Daily, China

@PDChina

The EU on Monday extended sanctions on Russia for a further six months, until January 31, 2026, covering a broad spectrum of sectoral measures, according to an official statement.

RT_russian

@RT_russian

The EU Council has extended economic sanctions against Russia for another six months. According to the Foreign Intelligence Service of the Russian Federation, Europe continues to confidently “saw the branch it's sitting on”, despite all the warnings of its own experts