EU's Kallas says we will aim to adopt the 20th sanctions package against Russia on Monday 23rd
Newsquawk Staff ·
EU's Kallas says we will aim to adopt the 20th sanctions package against Russia on Monday 23rd.
What it means
The announcement from EU Commissioner Kallas regarding the intent to adopt a 20th sanctions package against Russia reflects ongoing geopolitical tensions and suggests a firm stance from the EU amid the conflict. This move could lead to heightened market volatility, particularly in energy and commodity sectors, as investors assess the implications for supply chain disruptions and potential retaliation from Russia. Keep an eye on assets like oil and safe havens, which might react to these developments.
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