EU proposes entry ban for Russian military in 21st sanctions package; global markets decline

The European Commission, led by President Ursula von der Leyen, presented its 21st package of sanctions against Russia on June 9. A key proposal includes an entry ban to the EU for all Russian military personnel who have served since the invasion of Ukraine. Von der Leyen stated, "Europe is closed to all who participated in the invasion of Ukraine. It's that simple." The package also introduces new restrictions on Russia's energy, financial services, cryptocurrencies, trade, and fishing sectors. Previous reports indicated targets for Russia's military-industrial complex and its "shadow fleet." Concurrently, global stock markets experienced a significant decline on June 8, driven by a widespread sell-off in technology and semiconductor shares. South Korea's Kospi index fell by up to 8.8%, with major companies like Samsung Electronics and SK Hynix seeing share drops exceeding 10%.

Sources: Forbes Ukraine, Громадське, Радіо Свобода