Feb 25, 2022, 08:37am
The Financial Times and New York Times reported Friday that the European Union is planning to freeze the assets of Russia's President and Foreign Minister.
Russian President Vladimir Putin and his Foreign Minister Sergei Lavrov attend a signing ceremony. PAVEL GOLOVKIN/AFP should be credited with the photo.
The sanctions package is expected to be approved by the EU's foreign ministers later in the day, according to three people familiar with the matter.
The sources said the package wouldn't include a travel ban.
The bloc is planning to take action against Russian banks.
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