At a meeting in Madrid, the foreign ministers of Spain, Germany, France, Italy, Great Britain and Poland stated that they are ready to introduce new sanctions against Russia because of its aggressive war against Ukraine. This was reported by UNN with reference to Reuters.
Details
The meeting was also attended by the European Union's chief diplomat Josep Borrell and EU Commissioner for Defence, Andrius Kubilius.
We are also ready to exert further pressure on Russia, using all available instruments, including the introduction of new sanctions, in order to hinder its ability to wage an aggressive war and ensure that Ukraine is in the best possible position to ensure a just and lasting peace
Addition
The Trump administration will need Europe's consent to lift any sanctions on Russia for a ceasefire agreement in the Black Sea to work, but that may be difficult.
SWIFT will not be able to connect Russian banks to the network, as Moscow demands, unless the EU changes its sanctions legislation. The bloc stated that they do not intend to change anything.
US Treasury Secretary Scott Bessent said that Donald Trump will not hesitate to strengthen sanctions against the Russian Federation if it gives him an advantage in negotiations with the Kremlin.