The European Commission welcomes the Council’s adoption of the 18th Russia sanctions package, aimed at further ramping up pressure on the country and supporting EU’s goal of achieving a just and lasting peace for Ukraine.
The new measures focus on five building blocks: cutting Russia’s energy revenues, hitting Russia’s banking sector, further weakening its military-industrial complex, strengthening anti-circumvention measures, and holding Russia accountable for its crimes against Ukrainian children and cultural heritage. With this package, the number of listed vessels in Russia’s shadow fleet reaches a total of 444 vessels, and the number of individual listings exceeds 2,500. This package also includes new sanctions against Belarus.
More information is available in a press release and questions and answers online.
Latest Posts in "European Union"
- General Court T-638/24 (D GmbH) – AG Opinion – VAT on Intra-Community Acquisitions Not Precluded by Errors
- Commission Backs Italy’s VAT Derogation on certain vehicles Through 2028
- Comments on GC T‑575/24 – AG – Contrary to EU law if services provided to members are regarded as internal acts
- Comments on ECJ C-515/24 (Randstad España) – AG – Introduction of exclusion of VAT deduction of representation expenses by Spain not contrary to EU law
- Briefing Document & Podcast: VAT concepts ”Chain Transactions” & ”Triangulation” explained based on ECJ/CJEU cases












