NEW YORK, April 14. /TASS/. The European Union is preparing to impose its 11th package of sanctions on Russia, European Commissioner for Financial Stability, Financial Services and Capital Markets Mairead McGuinness said in an interview to CNBC.

"Europe has rolled out 10 packages of sanctions. We will have another package," she was quoted as saying.

The European commissioner went on to say that he 11th package of sanctions will focus on circumvention of earlier measures.

"We have to make sure that they don’t find ways around our sanctions," she added.

Earlier, the European edition of the Politico newspaper reported that the European Union would begin discussing the 11th package of sanctions after Catholic Easter, celebrated last Sunday.

European Commission President Ursula von der Leyen said in late March that the 11th package of sanctions will be aimed at countering loopholes and circumvention.