MUNICH (AP) — Moscow would have its access to financial markets and high-tech goods limited under Western sanctions being prepared in case Russia attacks Ukraine, a top European Union official said Saturday.The comments from Ursula von der Leyen, head of the EU’s Executive Commission, came as tensions over Russia’s intentions toward Ukraine intensified. U.S. President Joe Biden said Friday he was convinced" that Russian President Vladimir Putin has decided to invade the neighboring country.
"The Kremlin’s dangerous thinking, which comes straight out of a dark past, may cost Russia a prosperous future," von der Leyen said during the annual Munich Security Conference, where U.S. Vice President Kamala Harris also spoke.
Von der Leyen said the EU’s executive arm has developed a "robust and comprehensive package" of possible financial sanctions against Russia with the U.S., U.K. and Canada.