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The Latest Breaking News from European Union

Sweden preparing to shut airspace to Russian planes - EU minister

Sweden is preparing to close its airspace to Russian planes, following suit with European countries including Britain, Germany in doing so in response to the invasion of Ukraine, a government minister said on Sunday.

Reuters

EU should fund weapons and fuel for 'heroic' Ukraine, Borrell says

European Union foreign policy chief Josep Borrell will propose using EU funds to help finance weapons and other supplies such as fuel for Ukraine.

Reuters

Western governments crack down on Russian banking sector after Ukraine invasion

European governments along with the United States and Canada on Sunday ramped up the pressure on Vladimir Putin’s administration following the invasion of Ukraine with new sanctions aimed at hitting the Russian financial sector and economy.

Radio France Internationale

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EU could ban Russian flights from its airspace, official says

A European Union-wide ban for Russian flights could be part of a fresh package of sanctions on Moscow to be discussed later on Sunday by the bloc's foreign ministers, an EU official said.

Reuters

Sanctions vs. neutrality: Swiss fine-tune response to Russia

Russia’s invasion of Ukraine has put Switzerland’s much-vaunted neutrality to the test — and along with it, the country’s traditional role as international intermediary and reputation as a safe haven for the assets of Russia’s richest and most powerful

The Independent UK

Liberal democracies must defend their values and show Putin that the west isn’t weak

Europeans will have to become much more serious about ensuring that we have the means to protect ourselves and our allies against despots who respect only hard power

The Guardian - UK

UK scientists fear brain drain as Brexit rows put research at risk

Projects in jeopardy as EU revokes millions in grant offers after failure of trade talks

The Guardian - UK

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Ireland to close off airspace to Russian planes

On Sunday morning, Foreign Affairs Minister Simon Coveney confirmed that Ireland will move to shut off the country’s airspace to Russian planes.

The Independent UK

Ireland makes big move against Russia as Minister slams 'shocking attacks'

'We encourage other EU partners to do the same.'

Irish Mirror

Putin puts nuclear deterrent on alert; West squeezes Russian economy

President Vladimir Putin put Russia's nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals for his war on Ukraine, which said it had repelled Russian ground forces attacking its biggest cities.

Reuters

Swift action at last brings meaningful sanctions against Putin regime

Selected Russian banks banned from global payments system, while Russian central bank will find it harder to spend $500bn war chest

The Guardian - UK

How Western sanctions target Russia

(This February 26 story corrects pounds to dollars in third entry)

Reuters

US, EU, UK to sanction Russian central bank, block SWIFT

Cumulatively the steps announced by the West since Russia began the invasion would potentially amount to some of the toughest sanctions on any country in modern times.

Chicago Sun-Times

US, EU cut some Russian banks from SWIFT, target central bank

Western nations agreed to unleash new sanctions to further isolating Russia’s economy and financial system after initial penalties failed to persuade President Vladimir Putin to pull out of Ukraine.

Tribune News Service

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Reuters

Russian banks face exclusion as allies deploy 'financial nuclear weapon'

The United States, Britain and European Union ratcheted up sanctions against Moscow on Saturday as Russia continued its assault against Ukraine, saying they would block access to the SWIFT international payment system.

France 24

As it happened: EU bans 'Kremlin’s media machine', closes airspace to all Russian planes

EU leaders announced tough new sanctions on Russia on Sunday, such as closing the entirety of EU airspace to Russian planes – including private jets – and banning Russian state media outlets RT and Sputnik, which European Commission president Ursula von der Leyen called “the Kremlin’s media machine".

The Guardian - UK

US, UK, Europe and Canada to block Swift access for some Russian banks

Partial ejection from global payment system expected in days as part of new sanctions against Moscow

Reuters

U.S., UK, Europe, Canada to block Russian access to SWIFT

The United States, Britain, Europe and Canada on Saturday moved to block Russia's access to the SWIFT international payment system as part of another round of sanctions against Moscow as it continues its assault against Ukraine.

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Reuters

Explainer-A SWIFT primer as West moves to freeze Russia out of international payments

The European Union, along with the United States and other Western partners, has announced further sanctions on Russia for its invasion of Ukraine, including cutting off a number of Russian banks from the SWIFT interbank payments system.

The Independent UK

US and EU ban Russian banks from Swift system in latest sanction

High-security banking system connects thousands of financial institutions around the world

Axios

Western allies agree to expel some Russian banks from SWIFT payments system

The Western nations also agreed to impose restrictions on Russia’s Central Bank.

Al Jazeera

Latest Russia-Ukraine updates: Kyiv to hold talks with Moscow

Ukraine news from February 27: Putin puts Russia’s nuclear forces on high alert as Kyiv agrees to talks.

Daily Mirror

Russian airlines 'banned from EU airspace' as Europe unites over Ukraine invasion

We'll be bringing you the very latest updates, pictures and video on this breaking news story.

Tribune News Service

Italy sought Russian deals shortly before Putin invaded Ukraine

Senior Italian and Russian officials met to discuss potential business investments worth hundreds of millions of euros just over a week before Moscow invaded Ukraine, people familiar with the matter said.

The Guardian - UK

Names of firms given huge Covid loans will be secret

Campaigners says transparency would aid fight against fraud, which is estimated to have amounted to £4.9bn

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