The European Union may abandon large sanctions “packages” against Russia because they are becoming harder to adopt

The European Union may abandon large sanctions “packages” against Russia because they are becoming harder to adopt — Financial Times

According to the newspaper’s sources, restrictions may start being introduced individually or in small thematic groups, rather than being bundled into large packages for the sake of effect. The assumption is that this approach will reduce the risk that one EU country blocks several unrelated measures at once.

The discussion began after Greece blocked the new package for several weeks, seeking an exemption for the shipping company Dynagas. Athens ultimately secured that easing. As the FT notes, this is the first time one of the EU countries has managed to weaken agreed economic sanctions against Russia.

One of the newspaper’s sources suggested that the 21st sanctions package adopted last week may be the last one. “It is now crystal clear that this approach no longer works,” he said.

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