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EU Commissioner Ursula von der Leyen has warned Russia of “massive economic and financial sanctions” if it attacks Ukraine.
Speaking via a video link to the World Economic Forum, Ursula von der Leyen acknowledged last week’s diplomatic commitments between Russia and Western countries on European security agreements.
She stressed that the bloc wants dialogue with Russia to resolve the conflict in Ukraine.
“If the situation worsens, if there is a further attack on Ukraine’s territorial integrity, we will respond with massive economic and financial sanctions,” von der Leyen warned.
Her remarks came a day after US President Joe Biden said he believed Russia would move to invade Ukraine.
Von der Leyen also rejected “Russian attempts to divide Europe”, saying: “We will not return to an old logic of competition and spheres of influence, where whole countries were treated as property or backyards.”
At the NATO-Russia Council meeting, the military alliance rejected Russia’s claims of halting the NATO enlargement process and withdrawing forces from NATO’s eastern flanks, and called on Russia to end its rhetoric. threatening and military gathering in and around Ukraine.
Last week, talks between Russia and Western countries on draft treaties proposed by Moscow on European security agreements ended without progress.
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