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.
Express
Related News
Indian army chief is coming to Nepal, who is he meeting with?
Kathmandu. Dhiraj Seth, who was appointed as the Chief of the Indian Army three months ago, is going to visit Nepal. According to sources, he is going to visit Nepal on July 31 to receive the status of Honorary Maharathi of the Nepali Army.&...
Mexico earthquake update: At least 2 dead, 12 injured
Kathmandu. A 6.5 magnitude earthquake struck Mexico on Friday, killing at least two people. According to media CBS, the earthquake was felt in the southern and central part of Mexico on Friday evening. A 50-year-old woman died in the state of Guer...
Middle East conflict exacerbates oil supply crisis and international tensions
Kathmandu. Iran on Saturday requested the evacuation of Jebel Ali, the busiest port in the Middle East, and two other ports in the UAE. According to Iranian Foreign Minister Abbas Araghchi, the US has claimed that it attacked Kharg Island and Abu...
Four contenders for the United Nations General Secretary position, the taste is decreasing, the problem is increasing
Kathmandu. The selection process for the next Secretary General of the United Nations has been unusually limited this time. Compared to the open and spirited competition between 13 candidates in 2016, only four contenders have come forward for for...
After 4 days, Nepal spoke against the American attack on Venezuela, what did it say?
Kathmandu. After 4 days, Nepal has spoken against the US attack on President Nicolás Maduro. On the night of January 3, the American army attacked the residence of President Maduro and took him to the United States in a kidnapping style. Against t...
Samrat Chaudhary became the 24th Chief Minister of Bihar
Patna. Samrat Chaudhary has become the 24th Chief Minister of Bihar state of India. Chaudhary took oath as the 24th Chief Minister of Bihar on Wednesday morning. Vijay Chaudhary and Bijendra Yadav from JDU quota have also taken oath as Deputy Chie...