EU just "considering" not buying Russi…

The European Commission has proposed an import ban on Russian gold as part of its latest package of sanctions against Russia.

“The European Commission has today adopted a joint (High Representative-Commission) proposal for a new package of measures to maintain and strengthen the effectiveness of the EU’s six wide-ranging and unprecedented packages of sanctions against Russia,” the commission said in a press release.

The proposed package aims to also prevent EU sanctions from targeting “in any way the trade in agricultural products between third countries and Russia.” It also suggests the extension of the current EU sanctions for six months, until the next review at the end of January 2023.

This, along with the importance of Russian gas going into the winter, shows how difficult and expensive (monetarily as well as politically as inflation is fueled both in the EU, UK and the US) the sanctions punishing Russia from participating in the Ukrainian war are.