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France Says EU Will Add 150 Entities, 50 Banks to Russia Sanctions

Benjamin Haddad said France proposed most of the entities. He expects the measures to be approved Monday.

Updated 1 min read
A broadcast camera faces an interview chair inside a television studio in Boulogne-Billancourt, France. / TokenPost.ai
A broadcast camera faces an interview chair inside a television studio in Boulogne-Billancourt, France. / TokenPost.ai

French Minister for European Affairs Benjamin Haddad said the EU would approve new Russia sanctions Monday, covering 150 additional entities and 50 banks, as France seeks to sustain pressure on Moscow and support Ukraine.

Haddad told LCI television Thursday that France had proposed most of the entities. He described the package as a way to constrain Moscow while backing Kyiv.

The European Commission said Nov. 6 that it was working on a 22nd sanctions package but did not provide a timetable at the time. The Commission has also announced plans for a sanctions office and an informal crypto task force to support enforcement, as EconoTimes previously reported.

The next step is the EU approval Haddad expects on Monday.

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