We tell how Europe punishes Belarus for participating in the Russian-Ukrainian war
The EU adopted a new package of sanctions against Belarus / Photo: Getty Images, Collage: Today
The European Union imposed sanctions against the National Bank of the Republic of Belarus and banned the provision of euro banknotes.
This is stated in the message of the European Commission.
It was also decided to disconnect from the international system SWIFT “Belagroprombank”, “Dabrabyt” bank and the Development Bank of the Republic of Belarus.
In addition, the sanctions include a ban on operations by the Central Bank of Belarus related to the management of reserves or assets, as well as the provision of public funding for trade and investment.
Sanctions against the Central Bank of the Russian Federation
Earlier, similar sanctions against the Central Bank were introduced by the EU and the United States. Thus, most of the Central Bank’s reserves turned out to be blocked and this hit the ruble exchange rate hard.
Previously, the Central Bank supported the ruble thanks to these reserves, and now the currency has gone to “free swimming”.
Sanctions against the Central Bank were introduced even by Japan, which had not resorted to such steps before.
Segodnya also wrote what is happening with the ruble on the stock exchange and told how much dollars are being sold to Russians.
Source: Segodnya
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.
