EU Sanctions Set to Target Russian Military and Tech Firms

  • Bloc proposes penalties on more than 100 individuals, entities
  • Proposals include firms shipping ammunition from North Korea

Destroyed apartments following a Russian strike in Kharkiv, Ukraine.

Photographer: Sergey Bobok/AFP/Getty Images
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The European Union has proposed sanctioning about 55 companies and more than 60 individuals as part of a new package of measures to mark two years since Russia invaded Ukraine.

The restrictions would target individuals and firms involved in producing weapons and supplying key technologies and electronics used by Russian defense firms to build the armaments, according to documents seen by Bloomberg.