The European Union is considering adding Russia to its grey list. This could provoke a strong reaction from Putin.

Brussels officials indicate that there is significant support for including Russia among countries with weak money laundering controls. Most members of the European Parliament support this move.

However, no official decision has been made yet. Markus Ferber, a German MEP coordinating economic affairs, stated, "There is strong support for adding Russia to the list."

Being included in the grey list leads to a loss of reputation and requires financial institutions to conduct extra due diligence, increasing costs.

The EU's grey list for combating money laundering and terrorist financing follows the list published by the Financial Action Task Force. Brussels' list is crucial for international financial oversight.