European Union approved the fifth package of sanctions against Russia.

As the brutality of the Russian invasion increased, the European Union approved the fifth package of sanctions against Russia . 

These measures are broader and harsher and dig even deeper into the Russian economy. 

They target six main issues. Import of coal from Russia. Transactions with 4 Russian banks. Access of Russian vessels to EU ports. Further imports and exports to Russia. Exclusion of Russia from public contracts and European funds. Individual listing of people.

Together with the four previous packages, these sanctions will help to further increase economic pressure on the Russia and affect its ability to finance the invasion of Ukraine.