29.01.2026 19:55
EU High Representative for Foreign Affairs and Security Policy Kaja Kallas announced that the EU has blacklisted Russia due to the risk of money laundering. In her statement, Kallas said, "The EU has blacklisted Russia due to the risk of money laundering. This will slow down transactions with Russian banks and increase transaction costs."
The EU High Representative for Foreign Affairs and Security Policy, Kaja Kallas, stated, "The EU has blacklisted Russia due to the risk of money laundering. This will slow down transactions with Russian banks and increase transaction costs."
A new move has come from the European Union that will escalate tensions with Russia. The EU High Representative for Foreign Affairs and Security Policy, Kaja Kallas, announced that the EU has blacklisted Russia due to the risk of money laundering.
A MOVE THAT WILL ANNOY PUTIN
The EU High Representative for Foreign Affairs and Security Policy, Kaja Kallas, stated, "The EU has blacklisted Russia due to the risk of money laundering. This will slow down transactions with Russian banks and increase transaction costs."
FINANCIAL TRANSACTIONS WITH RUSSIA WILL BECOME MORE DIFFICULT
High Representative Kallas made significant assessments regarding the implications of this decision on financial markets. According to Kallas's statement, Russia's inclusion on this list will lead to fundamental changes in transactions conducted with Russian banks and financial institutions.
Kallas noted that money transfers and other financial transactions with Russian banks will significantly slow down following this decision.
The main reason for this slowdown is attributed to the additional security checks and bureaucratic processes that must be applied to transactions with blacklisted countries.