EU signs off on 21st package of sanctions against Russia – Europe live

Key events4m agoEU sanctions 'continue to weaken the economic foundations of Russia's war effort,' von der Leyen says5m agoEU bows to pressure from Greece on LNG to get 21st package adopted - snap analysis5m agoMorning opening: EU agrees on 21st package of sanctions against RussiaEU sanctions 'continue to weaken the economic foundations of Russia's war effort,' von der Leyen saysEuropean Commission president Ursula von der Leyen welcomed the adoption of the 21st package of sanctions, saying they “continue to weaken the economic foundations of Russia’s war effort.”

“We’re adding 32 more Russian banks to our transaction ban list. As well as crypto firms and oil trading platforms.

Freezing the oil price cap adjustment for a year, so that the Russian war machine does not benefit from market shocks.

For the first time, we’re targeting vessels assisting Russia’s shadow fleet.

And we took an important step towards formally banning Russian combatants from entering the EU.