The European Union adopted, on Friday 8 April, the fifth package of sanctions against Russia following an agreement by the ambassadors of the Member States to the EU on Thursday 7 April in the evening.
The EU has decided to ban the import of any kind of Russian coal or coal exported from Russia, which, according to the European Commission, represents a loss of revenue for Russia of around €8 billion per year. This measure will take effect in 120 days, i.e. next August. By the end of the...