Headlines

European foreign ministers ready to toughen action against Russia

Published by Global Banking & Finance Review

Posted on June 12, 2025

1 min read

· Last updated: January 23, 2026

Add as preferred source on Google
European foreign ministers ready to toughen action against Russia
Global Banking & Finance Awards 2026 — Call for Entries

ROME (Reuters) -Foreign ministers from large European countries said on Thursday they were ready to step up pressure on Russia, "including through further sanctions" involving the energy and banking

European Foreign Ministers Prepare to Intensify Sanctions on Russia

ROME (Reuters) -Foreign ministers from large European countries said on Thursday they were ready to step up pressure on Russia, "including through further sanctions" involving the energy and banking sector, to weaken Moscow in its war with Ukraine.

The meeting in Rome involved representatives from France, Germany, Italy, Poland, Spain, Britain and the European Union. NATO Secretary General Mark Rutte and a Ukrainian representative also joined the talks.

"We are determined to keep Russian sovereign assets in our jurisdictions immobilised until Russia ceases its aggression and pays for the damage it has caused," the countries said in a statement.

(Reporting by Angelo Amante, editing by Gavin Jones)

Key Takeaways

  • European foreign ministers plan to increase sanctions on Russia.
  • Sanctions will target the energy and banking sectors.
  • Meeting included representatives from major European countries.
  • NATO and a Ukrainian representative were present.
  • Aim to immobilize Russian assets until aggression ceases.

Frequently Asked Questions

What did European foreign ministers discuss in Rome?
They discussed stepping up pressure on Russia, including further sanctions related to energy and banking.
Which countries were represented at the meeting?
Representatives from France, Germany, Italy, Poland, Spain, Britain, and the European Union attended the meeting.
What is the stance of the European ministers regarding Russian assets?
The ministers stated they are determined to keep Russian sovereign assets immobilized until Russia ceases its aggression and compensates for the damage caused.

Tags

Related Articles

More from Headlines

Explore more articles in the Headlines category