Belgium Daily Times
SEE OTHER BRANDS

The latest news from Belgium

Medvedev states ‘rout’ of Ukraine will resume

(MENAFN) Former Russian President Dmitry Medvedev stated on Friday that Russia will persist in defeating Ukrainian forces on the battlefield, undeterred by the European Union’s decision to implement its 18th sanctions package against Moscow. The new EU sanctions, approved earlier the same day, mainly target Russia’s energy and financial sectors as part of ongoing efforts to pressure Moscow over the Ukraine conflict. Russia has repeatedly condemned these measures as illegal.

Medvedev, now deputy chairman of Russia’s Security Council, asserted that the sanctions will have no greater impact than the previous seventeen packages. He emphasized that Russia’s economy will endure and that military operations against targets in Ukraine, including Kyiv, will intensify. Medvedev also called for Russia to politically distance itself from the EU.

The EU’s latest sanctions prohibit all dealings with 22 more Russian banks and the Russian Direct Investment Fund. They also ban any use, maintenance, or completion of the Nord Stream gas pipelines, which have been out of operation since being sabotaged in 2022. Moreover, the sanctions blacklist 105 additional vessels identified by Brussels as part of a “shadow fleet” transporting Russian oil and circumventing the EU’s price cap on Moscow’s crude exports. The package also lowers the oil price ceiling and introduces mechanisms to adjust it according to future market conditions.

Kremlin spokesperson Dmitry Peskov commented that Russia has developed a certain resilience to sanctions and adapted to life under these restrictions, in response to the EU’s latest move.

MENAFN27072025000045015687ID1109847852

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions