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    Finance

    EU not likely to agree on Russian sanctions on Monday, Kallas says

    Published by Global Banking & Finance Review®

    Posted on February 23, 2026

    1 min read

    Last updated: February 23, 2026

    EU not likely to agree on Russian sanctions on Monday, Kallas says - Finance news and analysis from Global Banking & Finance Review
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    Tags:European Unioncurrencies

    Quick Summary

    EU foreign policy chief Kaja Kallas said ministers are unlikely to agree Monday on a new Russia sanctions package, as Hungary maintains its opposition in Brussels.

    EU Unlikely to Reach Monday Deal on Russia Sanctions, Kallas Says

    Kallas Signals No Monday Agreement

    EU Sanctions Stalled by Lack of Consensus

    BRUSSELS, Feb 23 (Reuters) - EU countries will likely not reach an agreement on the proposed new package of sanctions against Russia on Monday, EU foreign policy chief Kaja Kallas said.

    Monday Meeting of EU Foreign Ministers

    Hungary’s Resistance to Measures

    Continued resistance from Hungary has made it clear that consensus on the proposed measures will not be reached at a meeting of EU ministers of foreign affairs on Monday, Kallas told reporters before the meeting.

    Reporting and Editing Credits

    (Reporting by Bart Meijer; Editing by Sudip Kar-Gupta)

    Table of Contents

    • Kallas Signals No Monday Agreement
    • EU Sanctions Stalled by Lack of Consensus
    • Monday Meeting of EU Foreign Ministers
    • Hungary’s Resistance to Measures

    Key Takeaways

    • •EU ministers are unlikely to reach agreement on a new Russia sanctions package on Monday, Feb 23, 2026.
    • •EU foreign policy chief Kaja Kallas signaled a lack of consensus ahead of the Brussels meeting.
    • •Hungary’s continued resistance is preventing unanimity among member states.
    • •The delay leaves proposed additional restrictions on Russia unresolved.
    • •Policy uncertainty may weigh on European market sentiment tied to energy and currency risk.

    Frequently Asked Questions about EU not likely to agree on Russian sanctions on Monday, Kallas says

    1What is the main topic?

    EU ministers are unlikely to agree on a new package of sanctions against Russia, according to EU foreign policy chief Kaja Kallas.

    2Why is agreement unlikely?

    Hungary continues to oppose elements of the proposed sanctions, preventing the unanimity required among EU member states.

    3When and where is this happening?

    The comments were made ahead of an EU foreign ministers’ meeting in Brussels on Monday, Feb 23, 2026.

    Reporting and Editing Credits
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