Civilian participants in a Kyiv Territorial Defence unit train on a Saturday in a forest on January 22, 2022 in Kyiv, Ukraine. Picture: SEAN GALLUP/GETTY IMAGESThe EU is ready to impose “never-seen-before” economic sanctions on Russia if it attacks Ukraine, Denmark said on Monday, and EU foreign ministers said they would send a unified warning to Moscow.
Danish foreign minister Jeppe Kofod told reporters: “There’s no doubt we are ready to react with comprehensive, never-seen-before sanctions if Russia were to invade Ukraine again.”“Russia should know, Putin should know that the price of using provocations and military forces to change borders in Europe will be very, very high... We are ready to undertake the most severe sanctions, also more severe than in 2014,” he said.
US Senate Democrats have unveiled a bill to potentially punish Russian officials, military leaders and banking institutions. The EU says it is working with Washington on a sanctions package but has given no details. Asked whether cutting Russia off from the SWIFT global messaging system should be an option, German foreign minister Annalena Baerbock said in Brussels the “hardest stick” may not always be the best way to deal with such a situation.Austrian foreign minister Alexander Schallenberg said everything was on the table but also pointed to Austria’s dependency on Russia for 40% of its gas.
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