FAC

On the sidelines of the Foreign Affairs Council (FAC) meeting in Luxembourg, EU Foreign Ministers on Monday adopted a new package of sanctions against Russia, the 14th since the start of the invasion in Ukraine. EU Foreign Ministers also adopted a military assistance package for Ukraine worth 1.4 bln EUR. For the first time, the funds will be disbursed from the frozen assets of Russia’s Central Bank. The EU plan to use frozen Russian assets is separate from the decision taken by G7 leaders this month to use future Russian frozen assets to fund 50 bln EUR worth of loans to Ukraine. Representing Romania was Foreign Minister Luminița Odobescu.