EU prepares 22nd package of sanctions against Russia and new financial plan for Ukraine for 2027

The European Commission will present a new, 22nd package of sanctions against Russia and proposals for financing Ukraine in 2027 by November 26. Both issues are planned to be considered at the meeting of the European Council, which will be held on November 26-27 in Brussels.

This was stated by the President of the European Commission, Ursula von der Leyen, on November 12 during a meeting of the European Political Community in Dublin, reports “European Pravda”.

Financial support for Ukraine in 2027

According to von der Leyen, the European Commission is working on a mechanism to cover Ukraine’s financial needs next year.

“We are preparing the 22nd package of sanctions. And we, as the Commission, are preparing a proposal on how to cover Ukraine’s financial needs in 2027,” she noted.

The President of the European Commission emphasized that both documents will be presented by the next meeting of the European Council.

It is expected that on November 26-27, European leaders will hold a separate discussion of financial support for Ukraine.

At the same time, the specific amounts of funding and the mechanisms for its provision have not yet been made public.

New sanctions against Russian oil refining and the “shadow fleet”

In parallel, the European Union is preparing another increase in sanctions pressure on Russia.

According to preliminary information, the ambassadors of the EU member states at a meeting of the Committee of Permanent Representatives (Coreper) agreed to include 145 individuals and legal entities in the sanctions lists.

Final approval of these restrictions is expected on Monday, November 16.

European Commissioner for Finance Maria Luis Albuquerque clarified that the new sanctions will apply, in particular:

Russian oil refining enterprises;

structures associated with the so-called “shadow fleet” of the Russian Federation;

individuals and legal entities included in the new sanctions lists.

Strengthening restrictions in the oil sector is aimed at reducing Russia’s ability to receive income from energy exports, which remain one of the sources of financing the war against Ukraine.

Von der Leyen commented on the peace talks in Abu Dhabi

Separately, the President of the European Commission spoke about the talks on ending the war in Ukraine, which took place on November 10-11 in Abu Dhabi.

She positively assessed the participation of European representatives in the negotiation process.

“I very much welcome the peace talks in Abu Dhabi, and it is good that the Europeans were represented to protect our interests, but also because President Zelenskyy asked for it,” said von der Leyen.

Thus, the European Union continues to work simultaneously on three areas: financial support for Ukraine, strengthening sanctions against Russia and participation in diplomatic efforts to end the war.