Russia and the EU

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EU plans new Russia sanctions by special op anniversary

EU plans new Russia sanctions by special op anniversary

The European Union plans to slap Russia with fresh sanctions by the anniversary of Moscow’s special military operation, European Commission chief Ursula von der Leyen said on Thursday. “We will introduce with our G7 partners …

Switzerland joins EU’s 9th package of Russian sanctions

Switzerland joins EU’s 9th package of Russian sanctions

Switzerland has joined the EU's 9th package of sanctions against Russia, the Swiss Federal Council said. Following the European Union, Switzerland has imposed restrictions on exports to Russia of certain …

Sanctions against Russia hit the ceiling

Sanctions against Russia hit the ceiling

European Commissioner for Environment Virginijus Sinkevičius said that the anti-Russian sanctions have reached their "ceiling". "I said it long ago that the sanctions have reached their ceiling, and no innovations are …

EU has yet to approve 9th package of sanctions against Russia

EU has yet to approve 9th package of sanctions against Russia

The European Union is continuing to coordinate the 9th package of anti-Russian sanctions and may complete the work either on Monday or on Tuesday, EU High Representative for Foreign Affairs and Security Policy Josep Borrell said before a meeting …

Europe's gas dependence on US growing, Kremlin says

Europe's gas dependence on US growing, Kremlin says

European countries, trying to get rid of gas "dependence on Russia", are now dependent on the US LNG, Russian presidential spokesman Dmitry Peskov said in an interview with journalist Pavel Zarubin on the Moscow. Kremlin. Putin program …

EU presents ninth package of anti-Russian sanctions

EU presents ninth package of anti-Russian sanctions

The European Commission presented the ninth package of anti-Russian sanctions, including about 200 individuals to be sanctioned, three banks, four TV channels and defense industry companies, President of the European Commission Ursula von der …

Budapest: oil price cap harms Europe

Budapest: oil price cap harms Europe

A price cap for Russian oil and similar measures will harm the European economy, Hungarian Foreign Minister Peter Szijjarto said. According to him, the number of energy exporters, on the contrary, should be increased to reduce …

Europe to live without Russian oil

Europe to live without Russian oil

Today, Russia's permanent representative to international organizations in Vienna, Mikhail Ulyanov, warned that the Russian Federation would stop supplying oil to the EU countries after the introduction of a price cap of $60 per barrel. …

Peskov rejects agreed price cap for Russian oil

Peskov rejects agreed price cap for Russian oil

The Russian side will not accept a price cap for its oil, press secretary of the President of the Russian Federation, Dmitry Peskov said. According to him, the price cap for Russian oil agreed the day before is now being …

EU weighs lowering Russia oil price cap level to $60

EU weighs lowering Russia oil price cap level to $60

European Union states are discussing capping the price of Russian crude oil at $60 a barrel to help secure an agreement among the bloc’s wider membership and the broader Group of Seven, Bloomberg reported citing people familiar with the …

Europe's imports of Russian LNG increase by 42% in 2022

Europe's imports of Russian LNG increase by 42% in 2022

The European Union has boosted the imports of Russian liquefied natural gas by 42% between January-October 2022 year-on-year, British financial newspaper reported. The LNG imports from Russia during the period amounted to 17.8 billion …

EU postpones talks on oil price cap

EU postpones talks on oil price cap

European Union diplomats suspended talks on capping Russian oil prices, Reuters reported. Diplomats had expected a deal to be done on Friday night but positions remained entrenched and the talks were postponed to Monday, according to …

EU preparing new Russia sanctions package

EU preparing new Russia sanctions package

The European Union is pressing ahead with a ninth sanctions package on Russia, European Commission chief Ursula von der Leyen said during a visit to Finland on Thursday. "I can announce today that we are working full speed on a …

EC to present final draft of gas price ceiling on November 24

EC to present final draft of gas price ceiling on November 24

The European Commission (EC) has prepared a draft document that includes a mechanism for introducing a dynamic ceiling on natural gas (NG) prices. The final version will be presented at the EU summit on Nov. 24, Italian Environment and Energy …