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“Massive consequences”: EU threatens Russia with sanctions

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Published: December 17th, 2021,
Last updated: May 28th, 2025

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The European Union is venturing into new territory in terms of foreign and economic policy. At the European Council in Brussels on Thursday, the heads of state and government – including German Chancellor Olaf Scholz for the first time – threatened Russia with economic and financial sanctions even before the country launched the feared military offensive against Ukraine.

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Germany International European policy Nord Stream 2