EU split over plan for colossal sanctions against Russia - media
Brussels is reportedly working on plans to hit Russia's currency operations, trade, and access to technology in the case of conflict with Ukraine
The EU is currently working on a package of sanctions that would curb Russia's ability to convert currency, impose trade bans, and restrict access to “key technology” in the event Moscow orders an invasion of Ukraine, Bloomberg has reported on Tuesday, citing officials close to the process.
Cutting the country off from the SWIFT international payment system and placing sanctions on its energy exports were said to still be on the table as well.
Western nations have developing a response to what they say could be an imminent invasion of Ukraine in recent weeks, with a number of leaders sounding the alarm over a purported buildup of troops and military hardware on the shared border. Moscow has repeatedly denied it has any plans to attack its neighbor and insisted NATO is inflaming tensions.
However, according to Bloomberg, EU member states are still debating over the...
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