BML 5.01 Decreased By ▼ -0.05 (-0.99%)
BOP 13.08 Increased By ▲ 0.08 (0.62%)
CNERGY 7.12 No Change ▼ 0.00 (0%)
CPHL 87.45 Increased By ▲ 1.38 (1.6%)
DCL 14.34 Decreased By ▼ -0.33 (-2.25%)
DGKC 170.76 Increased By ▲ 1.95 (1.16%)
FCCL 46.76 Increased By ▲ 0.59 (1.28%)
FFL 15.82 Decreased By ▼ -0.10 (-0.63%)
GCIL 26.87 Decreased By ▼ -0.39 (-1.43%)
HUBC 144.18 Increased By ▲ 2.27 (1.6%)
KEL 5.07 Decreased By ▼ -0.05 (-0.98%)
KOSM 6.69 Decreased By ▼ -0.20 (-2.9%)
LOTCHEM 20.59 Decreased By ▼ -0.41 (-1.95%)
MLCF 84.73 Increased By ▲ 0.66 (0.79%)
NBP 121.82 Decreased By ▼ -0.56 (-0.46%)
PAEL 43.46 Increased By ▲ 1.28 (3.03%)
PIAHCLA 22.29 Increased By ▲ 0.33 (1.5%)
PIBTL 8.93 Decreased By ▼ -0.06 (-0.67%)
POWER 14.01 Decreased By ▼ -0.08 (-0.57%)
PPL 169.94 Decreased By ▼ -0.01 (-0.01%)
PREMA 43.39 Decreased By ▼ -0.38 (-0.87%)
PRL 33.11 Increased By ▲ 0.24 (0.73%)
PTC 24.26 Decreased By ▼ -0.33 (-1.34%)
SNGP 119.64 Increased By ▲ 0.34 (0.28%)
SSGC 45.55 Increased By ▲ 0.38 (0.84%)
TELE 8.08 Decreased By ▼ -0.09 (-1.1%)
TPLP 10.47 Increased By ▲ 0.14 (1.36%)
TREET 23.97 Decreased By ▼ -0.18 (-0.75%)
TRG 58.05 Decreased By ▼ -0.80 (-1.36%)
WTL 1.52 Decreased By ▼ -0.03 (-1.94%)
BR100 13,631 Increased By 52 (0.38%)
BR30 39,851 Increased By 184.3 (0.46%)
KSE100 134,300 Increased By 517.4 (0.39%)
KSE30 40,814 Increased By 132.5 (0.33%)

ROME: The European Union is finalising a first package of sanctions in response to Russia's invasion of Ukraine and is ready to impose further measures if needed, Italian Prime Minister Mario Draghi said on Friday.

EU leaders met on Thursday to discuss sanctions, but whereas the United States and Britain issued detailed measures, European Union countries, split over just how far to go, left details to be worked out in the coming days.

Draghi said the EU sanctions would be far-reaching, hitting the Russian financial, energy, transport and technology sectors, and promised further action to come.

"We also envisage a second package, including against members of the Duma who have not yet been sanctioned," he told parliament. "We are ready for even harsher measures if these do not prove sufficient."

Russia vows 'tough' retaliation to EU sanctions

Speaking off the record, some diplomats in Brussels have said Italy had been opposed to tougher initial sanctions, such as cutting Russia off from SWIFT -- an international payments system through which it receives foreign currency.

Draghi said Italy's position was in line with other EU allies "first and foremost France and Germany".

He added that Italy was ready to supply an additional 3,400 military personnel to support NATO efforts to contain the Ukraine crisis, boosting the 240 Italian troops already involved in NATO missions in eastern Europe.

"Our priority today must be to strengthen the security of our continent and to apply maximum pressure on Russia to withdraw its troops and return to the negotiating table," he said.

"The images we are seeing, of defenceless citizens forced to hide in bunkers and subways, are terrible and take us back to the darkest days of European history."

Comments

Comments are closed.