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The European Union is planning to significantly expand sanctions on Russia in the coming months, aiming to increase pressure on Moscow to end its war in Ukraine. The EU's High Representative for Foreign Affairs, Catherine Kallas, stated that current sanctions have cost Russia one trillion euros ($1.16 trillion), and broader sanctions lists will be imposed in the fall, which will increase the number of Russian entities under sanctions by a third. The official did not specify details about the timing or content of the new packages.
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