After sanctions and refusing ruble-payments - How to deal with a Russian cut-off? | DW News

The European Commission plans to impose an 'orderly' end to its imports of Russian oil as part of sixth round of sanctions on Russia.

Commission President Ursula von der Leyen announcing Wednesday the EU would phase out deliveries of Russian Crude and Oil Products out by year's end. It also wants to step up sanctions on the financial sector, disconnecting Russia's biggest bank "Sber-bank" from the SWIFT payment system. The proposed measures will need approval from all 27 member states. Hungary and Slovakia have already said they'll seek exemptions.

Europe and Russia are also sparring over gas imports: Moscow continues to demand that European companies pay in rubles instead of the euros and dollars called for in contracts. It's cut off two countries -- Bulgaria and Poland -- for refusing to make ruble-payments. Neighboring countries are now coming to their aid. DW's Jack Parrock visited the Bulgarian capital of Sofia.

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