EU planning to add to $1.5 trillion sanctions hit on Russia

Author: Al Jazeera StaffPublished on: June 8, 2026Country: Russia
PoliticsWorld / International
EU planning to add to $1.5 trillion sanctions hit on Russia

The EU plans to add 80 new entities and individuals to its sanctions against Russia, targeting the military-industrial complex, human rights violators, and propagandists. EU foreign policy chief Kaja Kallas stated that sanctions have already cost Russia between $1.2 and $1.5 trillion. Hungary, under new Prime Minister Peter Magyar, has agreed to drop its opposition to a €6.6 billion fund for arms to Ukraine. EU defense ministers discussed the future use of this fund.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more