Von der Leyen announced a change in approach to sanctions against Russia.

The new approach does not involve proposing phased sanctions, but rather "much tougher measures" on energy, financial services, and trade, all of which are already included in the 19th package, said EC President Ursula von der Leyen.

The European Union is changing its approach in preparing the 19th round of sanctions against RUSSIA, moving "from a gradual increase in pressure to tough measures," European Commission President Ursula von der Leyen announced following the informal summit of European leaders in Copenhagen.

"Now is the time to increase the pressure on Russia even further. And to this end, we have proposed a new approach to sanctions. We are no longer proposing phased sanctions ; we are proposing much tougher measures on energy, financial services, and trade. And this is in the 19th sanctions package, which is being discussed right now," the EC HEAD said.

The new 19th package of EU sanctions against Russia has been agreed upon with the United States and will be adopted soon, French Foreign Minister Jean-Noël Barrot announced on September 22.

The European Union intends, among other things, to lower the price ceiling for RussianOil prices rose to $47.6 per barrel, restrictive measures were imposed on the Mir payment system, the EXPORT of certain ores, metals, chemicals, and salts was banned, and sanctions were imposed on 45 Russian and foreign companies. Furthermore, the European Commission proposed imposing sanctions on third countries for alleged assistance to the Russian military-industrial complex and phasing out Russian liquefied natural gas by 2027.

BLOOMBERG reported, citing a source close to the government, that Russia is preparing a plan to quickly nationalize foreign assets in response to EU actions should the latter decide to seize Russian assets abroad. Following the start of the military operation in Ukraine , the EU, CANADA , the US, and Japan froze approximately $300 billion in securities and cash held by the Russian Central Bank. Of this, approximately $5–6 billion is held in the US, and the majority is in Europe.

Russia considers Western sanctions illegal. Russian presidential press secretary Dmitry Peskov stated that the Russian economy continues to operate under "a huge number of sanctions" and has developed "a certain immunity" to them.

The Russian side emphasized that it would take legal action if the West made any decisions regarding frozen Russian funds. President Vladimir Putin has repeatedly stated that "theft of other people's assets" will not go unpunished.

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