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The European Union has proposed a raft of new sanctions against Russia in response to the so-called referendums in four Ukrainian regions. European Commission President Ursula von der Leyen made the announcement, saying the package was designed "to make the Kremlin pay" for escalating the conflict in Ukraine with what she called "sham" votes in occupied territory. The sanctions package includes further import bans on Russian products, expected to deprive Moscow of more €7 billion in revenues.
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