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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

EU Leaders Agree 'Maximum Impact' Sanctions on Russia

European Union Russia United States Ukraine Moscow SWIFT
EU leaders talk prior to a round table during an emergency European Union (EU) summit at The European Council Building in Brussels, on February 24, 2022, on the situation in Ukraine after Russia launched an invasion. (Olivier Hoslet/Pool/AFP)

EU leaders wrapped up an emergency summit early Friday with agreement to punish Moscow for its invasion of Ukraine by imposing "severe" sanctions targeting its financial, energy and transport sectors.

European Commission chief Ursula von der Leyen told a media conference afterwards they "will have maximum impact on the Russian economy and the political elite".

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