Russia and the EU

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U.S. reworks plan for Russia oil-price cap as markets sour

U.S. reworks plan for Russia oil-price cap as markets sour

U.S. officials have been forced to scale back a plan to impose a cap on Russian oil prices, following skepticism by investors and growing risk in financial markets brought on by crude volatility and central bank efforts to tame inflation, …

Six EU countries boost exports of goods to Russia in July

Six EU countries boost exports of goods to Russia in July

Six EU member states in July boosted exports of goods to Russia year-on-year, with Slovenia and Croatia topping the list, the statistics data showed on Tuesday. The data showed that in July, Croatia's exports to Russia amounted to …

Miller: limits on Russian gas prices to be catastrophic for EU

Miller: limits on Russian gas prices to be catastrophic for EU

The decision to set a price cap for Russian gas in Europe, if such a decision is made, will be a violation of the contractual terms and will entail the termination of supplies, the head of Gazprom, Alexey Miller said in the …

Europe restores trade with Russia

Europe restores trade with Russia

According to an analysis of data from national statistical services, six EU countries have re-established February level of exports and imports with Russia. According to the services, the export of seven EU countries to Russia …

EU agrees on price cap for Russian oil

EU agrees on price cap for Russian oil

The European Union approved a fresh package of sanctions against Russia that includes a price cap on oil sales, the European Commission reported. The package agreed today introduces into the EU legislation the basis to put in place …

EU aims for Russia sanctions deal, including oil price cap

EU aims for Russia sanctions deal, including oil price cap

The European Union is aiming for a preliminary deal as soon as Monday on a new sanctions package against Russia. “I am hopeful in a couple of hours we can have a unanimous agreement on the sanctions package,” Polish …

EU is unlikely to cap price of Russian gas - report

EU is unlikely to cap price of Russian gas - report

The EU executive is retreating from imposing a price cap on Russian gas, but pushing ahead with windfall taxes on energy company “surplus” profits, according to a leaked document. A draft regulation on the “electricity …

Chizhov confirms his departure from Brussels

Chizhov confirms his departure from Brussels

Russia’s Permanent Representative to the European Union Vladimir Chizhov has confirmed his departure from Brussels in the near future after finishing his 17-year mission. "I am leaving soon. The term of my assignment has come …

European Union facing bankruptcy?

European Union facing bankruptcy?

The wrong response to overcome the energy crisis could bankrupt European countries, The Economist writes. Russia said it will shut down its Nord Stream pipeline for as long as Western sanctions are in place, sending benchmark gas …

EU makes it more difficult for Russians to visit

EU makes it more difficult for Russians to visit

Russian nationals will be allowed to enter the European Union only because of family situation and for humanitarian reasons. Apart from that, entry to the European Union will be possible for journalists, EU Commissioner for Home Affairs Ylva …

Russian gas import by EU countries down 48%

Russian gas import by EU countries down 48%

Russian gas import by EU member-states declined by 48% from 2022 year start, Gazprom said on Wednesday. "From the year start, countries of the European Union reduced Russian gas supplies to their market by 48%, and taking into …

Baltic nations to restrict entry of Russians to EU

Baltic nations to restrict entry of Russians to EU

European Union members Lithuania, Latvia and Estonia have reached agreement to restrict the entry of Russian citizens travelling from Russia and Belarus, their foreign ministers said on Wednesday. The three Baltic nations expect to put …

Schengen visa price for Russians to rise to 80 euros

Schengen visa price for Russians to rise to 80 euros

The price of Schengen visas for Russians will rise from 35 euros to 80 euros and the processing time will increase from 10 days to 45 days after the visa facilitation agreement is canceled, the European Commission said on Tuesday. Also, …