Zelensky Publicly Criticizes European Sanctions: Calls to Strengthen Measures Against Russia
Ukrainian President Volodymyr Zelensky expressed strong dissatisfaction with the current sanctions measures announced by the European Union in the context of the new proposal for the 18th package of restrictions against Russia. The Ukrainian leader considers these measures insufficient in strength and effectiveness and urges more decisive actions capable of truly impacting the Kremlin regime and its economic activities. During his participation in the "Ukraine – Southeastern Europe" summit held on Wednesday in Odesa, Zelensky did not hide his disappointment with the EU’s current sanctions decisions. According to him, the announced 18th sanctions package has the potential for enhancement, but there is an urgent need to make it more effective, especially in combating Russian oil tankers and the financial sector of the aggressor country. "We believe that weak sanctions are ineffective. Their potential level and consequences can and should be increased," Zelensky emphasized. He added that the oil price ceiling set at $45 per barrel is a step in the right direction, as it is better than the previous level of $60. However, the Ukrainian leader is convinced that real results will only be achieved when the price drops to $30. He believes that this level can fundamentally change the situation and force Moscow to reconsider its policies. It’s worth noting that earlier reports indicated that the EU sanctions package proposal suggested lowering the permitted upper limit on oil prices from $60 to $45 per barrel. However, Ukraine insisted on an even stricter measure, urging the EU to set the price cap at $30. Importantly, the European Union allows for the possibility of independently implementing more stringent restrictions, even without US approval, if deemed necessary. Disagreements over pricing policies during discussions reveal a complex balancing act between Europe’s desire to reduce Russia’s income and the goal of maintaining energy supply stability and economic stability within the union. At the same time, Ukraine argues that price caps need to be as strict as possible to truly weaken Russia’s financial pressure and accelerate its economic weakening, which could, in turn, facilitate diplomatic resolution of the conflict. In conclusion, Zelensky urges his allies to adopt more decisive and stringent sanctions, as only this way can significant changes be achieved in the situation around Ukraine and reduce the Kremlin’s ability to finance the war. At the same time, ongoing diplomatic negotiations and EU internal politics will determine how quickly and effectively European sanctions can realize their potential and influence the Russian regime and its economy.