France and the Netherlands are backing European Union sanctions against any financial institution that supports the Russian military, Reuters reported on May 14. The EU has already adopted 13 sanction packages in response to Russia’s full-scale invasion of Ukraine, aiming to undermine Moscow’s economic output and the ability to sustain the war. EU leaders are expected to introduce a 14th round of sanctions%20to%20Europe.) in June. According to a proposal read by Reuters, a new penalty, put forth by France and the Netherlands, would prohibit anyone in the EU from doing business with any financi…