Shafaq News – Brussels
European Union countries formally approved the 19th package of sanctionsagainst Russia in response to its war in Ukraine, the Danish EU Presidencyconfirmed on Thursday.
According to the statement, all member states had agreed on thesanctions package, highlighting that Slovakia, the last country to withholdapproval, lifted its reservation.
With no objections expected, the Council is set to adopt the measures bytoday, noting that the sanctions include a ban on imports of Russian liquefiednatural gas (LNG).
We just adopted our 19th sanctions package.It targets Russian banks, crypto exchanges, entities in India and China, among others.The EU is curbing Russian diplomats’ movements to counter the attempts of destabilisation.It is increasingly harder for Putin to fund this war.
— Kaja Kallas (@kajakallas) October 23, 2025The Danish EU Presidency also confirmed that EU leaders examined aEuropean Commission proposal to provide Kyiv with a €140 billion loan, securedagainst frozen Russian assets held mainly in Euroclear, a Brussels-basedcentral securities depository. The loan would be released gradually underspecific conditions.
Belgian Prime Minister Bart De Wever stressed that Belgium hadestablished three key conditions for managing the frozen assets, warning thatthe Commission’s plan could verge on near-total confiscation, given the narrowdistinction between a compensatory loan and outright seizure.
De Wever further warned that the proposal could breach investmentagreements between Luxembourg and Russia, urging Brussels to reject measuresthat might be interpreted as confiscation, secure legally binding risk-sharingguarantees across Europe, and ensure the immediate return of funds if Euroclearmust release assets to Russia, particularly in the event of a peace agreement.
The EU action coincides with US sanctions on Russian oil giants Rosneftand Lukoil, with Washington accusing Moscow of failing to engage seriously inpeace talks over Ukraine.
Earlier, President Donald Trump canceled a planned meeting with RussianPresident Vladimir Putin, explaining that there was “no possible outcome.”
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