EU imposes new economic sanctions against Russia
-
Media Baaji
- Sat, 13 December 2025
Kathmandu. The European Union EU has decided on Friday not to allow the assets of the Russian Central Bank to return to Russia in any way. The move was implemented immediately in view of the ongoing conflict in Ukraine. The statement issued by the association states, "This decision has been made with immediate effect to reduce the negative impact on the economy of the association." According to the decision, the assets of the Russian Central Bank are completely restricted.
It also covers transactions involving any person, organization or entity acting on behalf of or at the direction of a Russian bank. European Council President Antonio Costa wrote on social media, "At the October Council meeting, a commitment was made to protect Russian assets, and Friday's decision fulfills that commitment. Although this step is temporary, the statement states that sanctions will continue if providing financial or other resources to Russia for the war with Ukraine could affect the Union's economy."
According to this decision, property worth about 200,000 million euros will be locked. Of this, about one hundred and ninety thousand million Euros is secured in Euroclear, a financial institution located in Belgium.
Related News
Deported 35 Nepalis from America came home
Kathmandu. The United States has deported 35 more Nepalis. They arrived in Kathmandu on Wednesday through an American chartered plane. The Immigration Office has sent 35 Nepalis who arrived in Kathmandu to the Human Tr...
Demonstrations flared up again in Bangladesh
Kathmandu. After the death of popular student leader Sharif Osman Hadi in Bangladesh, protests have intensified across the country. As the situation started to go out of control, police and paramilitary forces were mobilized in various areas inclu...
Trump Administration Fires Army Chief, Attorney General Amid Iran Tensions
Kathmandu. The Donald Trump-led US administration has seen widespread turmoil amid rising tensions with Iran and domestic political pressure. According to American media, Trump has intensified the 'cleansing' campaign within the administration. As...
Indian Prime Minister Modi's telephone conversation with Ravi and Balen
Kathmandu. Ravi Lamichhane, President of Rashtriya Swatantra Party RSVP and senior leaders had a telephonic conversation with senior leader Balendra Shah. Modi had a telephone conversation with both the leaders on Monday and congratulated the RSVP...
42 Iranian ships destroyed in US military action
Kathmandu. US President Donald Trump has claimed that US forces have destroyed 42 Iranian naval vessels in the last three days. He said this while addressing the leaders of 12 Western countries at the "Shield of the Americas Summit" held in Doral,...
Middle East war causes fuel crisis in Asia: Army deployment in Bangladesh, Alopalo system to drive vehicles in Myanmar
Kathmandu. Due to the ongoing war in the Middle East, the price of crude oil has increased sharply in the international market, and there has been a severe lack of fuel and public anger in various countries in Asia. Especially in Bangladesh, after...