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Von der Leyen: EU to sanction Sberbank in latest round of sanctions.

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Head of European Commission Ursula von der Leyen told German newspaper Bild am Sonntag in an interview published on April 17 that the EU's sixth round of sanctions with target the banking sector, "especially Sberbank, which accounts for 37% of the Russian banking sector," as well as oil.

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The legislation passed with overwhelming support in the Senate in August but is expected to face stronger opposition in the House, with some House Democrats fearing it would grant U.S. President Donald Trump too much authority over tariffs.

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