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- Germany’s Habeck: EU has room for more sanctions against Russia
Germany’s Habeck: EU has room for more sanctions against Russia
German Economy Minister Robert Habeck said on Monday, European Union (EU) has room for more sanctions against Russia.
Germany’s efforts to reduce its dependence on Russian energy harm President Vladimir Putin, Habeck added.
These comments come as the EU prepares to ramp up sanctions against Russia amid reports of civilians atrocities in Ukraine.
Market reaction
Risk sentiment takes a fresh hit on potential EU sanctions on Russia, with the European markets trading mixed after a positive open.
The S&P 500 futures have erased gains to now trade 0.06% lower on the day.
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