The EU is considering introducing sanctions against the Russian Federation also in the case of “restriction of supplies” of gas, Bloomberg reported.
One of the EU officials said that the EU is working on a “package of measures” against the Russian Federation, which may include a restriction on currency conversion, in addition, he is considering export control measures, restricting access to SWIFT, import and export bans.
The German government and a number of EU countries are asking politicians in Brussels and Washington to remove the Russian energy sector from the list of possible sanctions against the Russian Federation and soften all potential restrictions in the event of an escalation of the situation around Ukraine.
This exception does not apply to blocking the Nord Stream 2 gas pipeline. On Monday, US and EU leaders discussed the preparation of possible anti-Russian sanctions via video link.
Germany and other countries will suffer great damage after being included in the list of sanctions, freezing the supply of energy resources and Russian assets, a ban on settlements with Russian banks, specified in Berlin.
Berlin additionally recalled that the imposition of US sanctions against Iran and Tehran’s disconnection from SWIFT proved to be ineffective, but brought great costs to EU countries that did not support sanctions against Iran. The calculations have been preserved – for this, alternative calculation schemes are used.