The sanctions against Russia are here to stay

#ukraine #russia #sanctions #europeanparliament #standwithukraine European Commission President Ursula von der Leyen, in her annual State of the Union speech to the Members of the European Parliament said: “From day one, Europe has stood at Ukraine’s side. With weapons. With funds. With hospitality for refugees. And with the toughest sanctions the world has ever seen. Russia’s financial sector is on life-support. We have cut off three quarters of Russia’s banking sector from international markets. Nearly one thousand international companies have left the country. The production of cars fell by three-quarters compared to last year. Aeroflot is grounding planes because there are no more spare parts. The Russian military is taking chips from dishwashers and refrigerators to fix their military hardware, because they ran out of semiconductors. Russia’s industry is in tatters. It is the Kremlin that has put Russia’s economy on the path to oblivion. This is the price for Putin’s trail of death and destruction. And I want to make it very clear, the sanctions are here to stay. This is the time for us to show resolve, not appeasement.“