In addition to freezing the assets the Russian President and Minister of Foreign Affairs, the EU will impose restrictive measures on the members of the National Security Council of the Russian Federation who supported Russia’s immediate recognition of the two non-government controlled areas of the Donetsk and Luhansk oblasts of Ukraine as independent entities. Sanctions will also be extended to the remaining members of the Russian State Duma, who ratified the government decision of the Treaty of Friendship, Cooperation and Mutual Assistance between the Russian Federation and the two entities.
Restrictive measures include an asset freeze and a prohibition from making funds available to the listed individuals and entities. In addition, a travel ban applicable to the listed persons prevents these from entering or transiting through EU territory.
Yogether with our Allies, we’ve also cut off the Russian government, the Russian Central Bank, and its sovereign wealth funds from U.S. financing. Europe has taken a very similar measure. That means the Kremlin can no longer raise money from the U.S. and Europe, and its new debt can no longer trade in U.S. or European markets.