The EU are ramping up the cut off of China and Iran at the moment during Russia’s global war.
Sanctions here on Iran:
https://www.dw.com/en/eu-hits-iran-with-new-round-of-sanctions/a-65052927
To give back to EU citizens as well as taxing certain energy companies on profiteering of excess of many billions during the war, the EU must also do the following.
Either kick out Hungary of the EU, seize their EU funds immediately and transfer them to Ukraine to save on all funding. Central banks won’t save the EU and banks, what makes them think it will?
If banking experts Switzerland can’t save their banks do you think you are smarter than the Swiss EU and EU Parliament?
News for you, you are not.