1 Feb 2022 8:24 am
The planned EU sanctions package against Russia could deprive the country of goods that Moscow needs to realize its strategic ambitions. According to Brussels, the package will weigh heavily on the Russian economy and financial system.
In his blog post, EU High Representative for Foreign Affairs Josep Borrell accuses Moscow of waging a “war of nerves” and “fomenting a climate of tension in Europe.”
Moscow has been accused for months of having 100,000 troops stationed on the border with Ukraine and planning an attack. The Kremlin has repeatedly denied this allegation, and Ukrainian President Vladimir Zelenskiy downplayed the allegations. Amid ongoing tensions and West-fueled panic, the EU has ramped up its rhetoric, vowing to hit Russia with a tough package in the event of an invasion. Borrell wrote on his blog:
“As part of our deterrence work, we have begun preparations for a highly effective response that would weigh heavily on the Russian economy and financial system.”
“We are also considering export control measures that would have a longer-term effect by depriving Russia of products it needs to realize its strategic ambitions.”
The EU has been threatening Moscow with new sanctions for some time. Last week, the President of the EU Commission, Ursula von der Leyen, told the US television channel CNN that “nothing was off the table” when it came to measures. This also includes an exclusion of Russia from the international payment system SWIFT and a complete stop of the Nord Stream 2 gas pipeline.
However, Borrell stressed that he had no other information that would indicate an imminent Russian invasion of Ukraine. He explained:
“I don’t think there’s anything new that could add to the sense of fear of an imminent attack.”
However, Moscow is trying to “recreate dividing lines on our continent,” said the EU politician.
More on the subject – Russia goes on the offensive – but what does the West want?