EU to approve more sanctions on Russia, targeting 150 entities and 50 banks

France's Minister for European Affairs, Benjamin Haddad, announced that the European Union will approve new sanctions against Russia on Monday, November 16, 2026. These sanctions will target 150 additional entities and 50 banks, with France proposing the majority of the additions. Haddad stated that the EU will continue to exert economic pressure on Russia and support Ukraine.