• EU’s Borell: Council to reach agreement on proposals on new sanctions against Russia today

Market news

5 October 2022

EU’s Borell: Council to reach agreement on proposals on new sanctions against Russia today

European Union (EU) Foreign Policy Chief Josep Borrell said that the Council is expected to reach an agreement on proposals on new sanctions against Russia on Wednesday.

Borell noted, “you can trust the Council will reach sanctions deal today.”

European Commission President Ursula von der Leyen came out on the wires, citing that “Russia pipeline gas supplies to EU is at 7.5% from 40%.”

“Gas storage in eu now at 90% vs. 75% last year,” von der Leyen added.

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