The European Commission

Sixth package of EU sanctions against Russia blocked

Sixth package of EU sanctions against Russia blocked

The sixth package of EU sanctions against Russia is blocked, European Commissioner for Economy Paolo Gentiloni said on Wednesday in an interview with Rai News 24 TV channel. "We adopted five packages of sanctions very quickly and …

EU to map out escape route from Russian fossil fuels

EU to map out escape route from Russian fossil fuels

The European Commission will on Wednesday unveil a 210 billion euro plan for how Europe can end its reliance on Russian fossil fuels by 2027, and use the pivot away from Moscow to quicken its shift to green energy. To wean countries off …

EU sets new plan to help export of Ukrainian food products

EU sets new plan to help export of Ukrainian food products

The European Commission set out on Thursday an action plan to help Ukraine export its agricultural goods by using EU infrastructure. The EU executive body suggested establishing so-called “solidarity lanes” for humanitarian …

EU warns of €195bn cost to free bloc from Russian energy

EU warns of €195bn cost to free bloc from Russian energy

The EU will have to spend close to €200bn in the next five years to secure energy independence from Russia, according to draft plans that set out aggressive targets in areas such as clean energy and lowering consumption. A draft of …

Bulgaria threatens to veto EU oil ban on Russia

Bulgaria threatens to veto EU oil ban on Russia

Bulgaria has threatened not to support European Union’s new set of sanctions against Russia if the Balkan country does not get a derogation from the proposed ban on buying Russian oil, Deputy Prime Minister Assen Vassilev said late on …

EU mulls energy sharing plan

EU mulls energy sharing plan

The European Commission is due to approve an emergency energy sharing plan on May 18 to grapple with a possible abrupt interruption of Russian gas supplies to the bloc, the Spanish newspaper El Pais reported. According to the news …

Von der Leyen confident EU to pass new sanctions package

Von der Leyen confident EU to pass new sanctions package

Eurpoean Commission President Ursula von der Leyen said on Friday she was confident the bloc would approve a new package of sanctions against Russia. "I am confident that we will get this package on track - if it takes a day …

Hungary PM: EU unity undermined by Russia oil embargo plan

Hungary PM: EU unity undermined by Russia oil embargo plan

Hungary has accused Brussels of threatening EU unity with its plans to impose an embargo on Russian oil imports, saying Budapest would not support proposals that would undermine its energy security. Prime minister Viktor Orbán …

EU chief calls for Russian oil ban in new set of sanctions

EU chief calls for Russian oil ban in new set of sanctions

The European Union's chief executive Ursula von der Leyen on Wednesday proposed a phased oil embargo on Russia, as well as sanctions on its top bank and to ban Russian broadcasters from European airwaves. The plan, if agreed by …

Europe thinks about buying Russian gas in rubles

Europe thinks about buying Russian gas in rubles

The European Commission (EC) should allow European energy companies to pay for Russian gas in rubles, Italian Minister for Ecological Transition Roberto Cingolani said, adding that this should be a temporary measure. "I think …

Georgia completes first part of EU membership  questionnaire

Georgia completes first part of EU membership  questionnaire

The Georgian Government has completed the first part of the questionnaire for the country’s European Union membership bid and will submit it to the Head of European Union Delegation to Georgia Karl Hartzel on Monday, Prime Minister Irakli …

EC head speaks on future anti-Russian sanctions' aim

EC head speaks on future anti-Russian sanctions' aim

The European Union continues to consider the Russian banking and energy sectors for the possibility of imposing sanctions, said the head of the European Commission, Ursula von der Leyen, in an interview with the German newspaper Bild am …

EU now has to choose: either sanctions or gas

EU now has to choose: either sanctions or gas

The European Union has warned member states that President Vladimir Putin’s demand that “unfriendly countries” effectively pay for Russian gas in rubles would violate sanctions imposed on Moscow, Bloomberg writes. The …

EU announces new chapter in energy partnership with US

EU announces new chapter in energy partnership with US

On Friday, March 25, European Commission President Ursula von der Leyen and US President Joe Biden will open a new chapter in the EU-US energy partnership. This was announced by the head of the EC today. According to her, we are talking …

New EU sanctions to hit Russia’s energy sector

New EU sanctions to hit Russia’s energy sector

If a war with Ukraine breaks out, the EU will expand sanctions against Russia. New restrictions will affect the energy sector, the head of the European Commission, Ursula von der Leyen, said. "We have already agreed on tough …