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European Council President Michel announced late on the 30th that the leaders of the EU member states have reached an agreement on an immediate ban on the import of 75% of Russian o.
The EU Extraordinary Summit will be held in Brussels on the 30th and 31.
Michel said that the sanctions plan also includes the exclusion of Russia's largest bank, Sberbank, from the Global Interbank Financial Communication Association system, and the prohibition of news and information products from three Russian state media from landing and disseminating in the EU in any fo.
Michel also said that the EU is ready to provide Ukraine with 9 billion euros to support its reconstruction, and the European Council will continue to work with G7 members to help Ukraine meet its current liquidity nee.
Earlier this month, the European Commission submitted a sixth round of proposals for sanctions against Russia, including a complete ban on imports of Russian oil by the end of this ye.
