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How Europe Came Around on Sanctions

The Daily

The New York Times

News, Daily News

4.597.8K Ratings

🗓️ 2 March 2022

⏱️ 30 minutes

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Summary

As Russian forces bombard Ukraine’s cities and strike civilian areas with increasingly powerful weapons, the European Union has adopted the largest package of sanctions ever imposed on a single country. The 27-nation bloc overcame a reputation for internal division to agree on the penalties — but will they be enough to help bring the war to an end? Guest: Matina Stevis-Gridneff, the Brussels bureau chief for The New York Times.

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0:00.0

From New York Times, I'm Michael Barrow. This is daily.

0:10.6

As Russian forces bombard Ukraine's biggest cities and strike civilian areas with increasingly

0:17.1

powerful weapons, the 27 countries of the European Union have overcome their reputation

0:24.7

for internal division by adopting the largest package of penalties ever imposed on a single

0:32.0

country.

0:33.2

Today, my colleague in Brussels, Matina Stevisk-Gridniff, tells the story of how that happened

0:44.1

and whether it will be enough to end Russia's war on Ukraine.

0:57.4

It's Wednesday, March 2.

1:06.0

Matina describes the actions that the European Union has taken against Russia over the past

1:11.1

few days to try to end this war and ensure that there are consequences for it invading

1:17.5

Ukraine.

1:18.5

Well, Michael, good evening.

1:21.4

The measures that the European Union has taken against Russia for the invasion of Ukraine

1:27.4

are frankly stunning.

1:30.2

As Russian forces unleash their assault on Kiev and other Ukrainian cities, we are resolved

1:37.6

to continue imposing massive costs on Russia.

1:43.8

The most useful way to look at them is to sort of divide them into categories, one being

1:50.5

broadly economic and the other being not economic.

1:56.1

Bottom line is pretty clear.

1:57.5

These are big and staggering penalties, sanctions.

2:01.6

So when it comes to the economy, their actions go after powerful individuals, including

2:07.5

Vladimir Putin himself.

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