The Cypriot presidency of the European Union announced that the bloc had approved the long-delayed package of 90 billion euros (about $106 billion) in financial support for Ukraine and had "preliminarily approved" the 20th package of sanctions against Russia, The Guardian reported on April 22. The heads of government and state of the European Union will formally endorse the two decisions during their summit on April 23-24.
The EU sanctions package would tighten energy restrictions, target Russia's "shadow fleet" and sanctions circumvention (including via third countries), impose new asset freezes and financial bans (including crypto and banks), and broaden import/export restrictions to weaken Russia's war economy and limit its ability to bypass existing measures. The approvals occurred after Hungary and Slovakia announced that oil flows had resumed through the Druzhba pipeline system, as they had previously demanded the resumption of flows as a precondition for lifting their veto on the packages.