A key aspect of the sanctions has been their effect on Russia's financial system, notably the blocking of €300 billion of Russian Central Bank reserves by the EU and its partners, hampering Russia's ability to finance the war​​.

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A key aspect of the sanctions has been their effect on Russia's financial system, notably the blocking of €300 billion of Russian Central Bank reserves by the EU and its partners, hampering Russia's ability to finance the war​​.

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