EU prepares 21st sanctions package as Kallas visits Dublin and Ukraine faces aid risk

The European Commission is preparing its 21st package of sanctions against Russia, with an EU official indicating a June 9 presentation, while the Commission publicly stated "this week." These measures are expected to target Russia's military-industrial complex and its "shadow fleet." Separately, EU High Representative Kaja Kallas is scheduled to visit Dublin to address concerns regarding an Irish plant linked to Russian oligarch Oleg Deripaska, which reportedly exports aluminum raw materials to Russia. Concurrently, global stock markets experienced a sharp decline on June 8, particularly in Asia, driven by a sell-off in technology and semiconductor shares, with South Korea's Kospi index significantly affected. Ukraine risks losing €680 million in EU aid if it fails to complete two outstanding judicial reforms, with these funds currently suspended. Ukrainian Prime Minister Denys Shmyhal also met with EU Commissioner Marta Kos to discuss energy support for the upcoming winter.

Sources: Forbes Ukraine, Суспільне Новини, Радіо Свобода, Громадське, Українська правда