• <a fr-original-style="" href="https://www.reuters.com/business/finance/new-eu-sanctions-russia-target-sberbank-commission-head-tells-paper-2022-04-16/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">The EU's new sanctions on Russia will target banks</a>, in particular Sberbank which accounts for 37% of the Russian banking sector, as well as Russia’s energy exports, the head of the European Commission said. The EU has so far spared Sberbank, along with Gazprombank, because the two are the main channels for Russian oil and gas payments.<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">The quote: Asked to name the key points of a planned sixth round of sanctions, Ursula von der Leyen said, "What should not happen is that Putin collects even higher prices on other markets for supplies that would otherwise go to the EU," adding "the top priority is to shrink Putin's revenues.”</li></ul>

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