Decision includes the freezing of more than US$234 billion in Russian central bank assets and will remain in force until at least early 2026
The EU’s 27 leaders on Thursday agreed to extend sanctions on Russia for another six months, resolving fears that Kremlin-friendly Hungary would let the measures lapse, officials said.
The decision at a summit in Brussels means that the EU’s sweeping sanctions over the war in Ukraine, including the freezing of more than €200 billion (US$234 billion) in Russian central bank assets, will remain in force until at least early 2026.
It comes after officials said they were preparing contingency plans to keep the bloc’s economic punishment on Moscow in place should Hungarian leader Viktor Orban refuse to budge.
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