In response to Russia’s not-quite-full-on invasion of Ukraine on Monday, the European Union agreed a not-quite-full-on package of new sanctions on Tuesday. They target symbolic politicians, such as Minister for Defence Sergei Shoigu, and President Vladimir Putin’s chief of staff Anton Vaino – but not Putin himself. All MPs who voted in favour of Russia’s recognition of breakaway Ukrainian territories as independent countries are also on the list. Business-wise, however, the EU pulled its punches. Exports from those territories are now banned from the EU, which won’t affect Ireland much. And three banks operating in the region, VEB, Promsvyazbank and…

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