The EU will hit russian banks with its 20th package of sanctions

Bloomberg reports this with reference to sources

According to the agency's interlocutors, the European Union also plans to impose sanctions against cryptocurrency services and financial organisations in third countries that help russia circumvent existing bans.

A separate item in the package will be the expansion of the sanctions list for the ‘shadow fleet.’ The list is planned to include new vessels that russia uses to transport oil in circumvention of international restrictions.

The publication's sources do not rule out that the EU may for the first time officially apply a mechanism to counteract the circumvention of sanctions, which will ban the export of machine tools and certain types of radio equipment to Kyrgyzstan, through which goods enter russia.

The package may also include additional trade restrictions on companies and goods needed by russia for weapons production, as well as a ban on the import of certain metals from russia.

Source: Ukrainska Pravda