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
4 US Air Force planes flew to Geneva for a peace deal with Iran
Kathmandu. For the special purpose of signing the historic preliminary agreement between the United States and Iran, four huge "C-17" cargo planes of the American Air Force have left for Europe with necessary diplomatic and security materials.
...
Within hours of the cease-fire declaration, the Hormuz waterway is turbulent, with suspected attacks on three ships
Kathmandu. Within hours of US President Donald Trump extending the ceasefire with Iran, a new series of tensions has started in the Strait of Hormuz. Although the announcement of the cease-fire was seen as a diplomatic success, in practice, Iran's...
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...
Trump's ban on 'Birth Tourism', no longer getting citizenship based on being born in the US
Kathmandu. US President Donald Trump has again tried to curtail the rights of birthright citizenship in the US. Trump has taken a new step a few weeks after the Supreme Court rejected a similar attempt.
On Thursday, Trump signed two ex...
Resolution against Iran war passed in Republican-controlled Senate
Kathmandu. The US Senate has passed a war resolution that directs President Donald Trump to seek congressional approval before suspending or continuing military action against Iran. This is seen as a major blow to Trump as his Republican Party con...
Former IRGC commander Mohsen Rezai appointed as Iran's top security chief
Kathmandu. Iran's Supreme Leader Mujtava Khamenei has appointed former IRGC chief Mohsen Rezaei as the secretary of the country's highest security post, the Supreme National Security Council. Along with being appointed to this post, Rezai will als...