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Top StoriesExclusive-EU to Move Away From Emergency Phase of Covid Pandemic – Document
Top StoriesEU’s Michel Tells Ukrainians During Kyiv Visit: ‘History Will Not Forget’
Top StoriesPortugal Expects Deal to Disconnect Power Prices From Gas Prices ‘very Soon’
Top StoriesUkraine Completes Questionnaire for EU Membership – Official
New EU Sanctions on Russia to Target Sberbank, Commission Head Tells Paper
Date: April 18, 2022
FRANKFURT (Reuters) – The European Union’s forthcoming sanctions on Russia will target banks, in particular Sberbank, as well as oil, the head of the European Commission Ursula von der Leyen told a German newspaper. Bild am Sonntag, in an interview published on Sunday, asked her to name the key points of a planned sixth round...
EU Payment in Roubles for Russian Gas Would Violate Sanctions Regime -Document
Date: April 14, 2022
By Jan Strupczewski BRUSSELS (Reuters) -Payment for Russian gas in roubles by European Union buyers as demanded by President Vladimir Putin would break the EU’s sanctions regime against Moscow, an internal European Commission note said. Putin has warned Europe it risks having gas supplies cut unless it pays in the Russian currency as he seeks...
OPEC Tells EU It’s Not Possible to Replace Potential Russian Oil Supply Loss
Date: April 11, 2022
By Kate Abnett and Alex Lawler BRUSSELS/LONDON (Reuters) -OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst ever oil supply shocks and it would be impossible to replace those volumes, and signalled it would not pump more. European Union officials held talks in Vienna...
Hungary Says roubles-for-Russian Gas Plan Breaches No EU Sanctions
Date: April 11, 2022
BUDAPEST (Reuters) – Hungary plans to pay for Russian gas in euros through Gazprombank, which will convert the payment into roubles to meet a new requirement set by President Vladimir Putin, Foreign Minister Peter Szijjarto said on Monday. Putin has warned Europe it risks having gas supplies cut unless it pays in roubles as he...
Condemning Bucha Cruelty, EU Offers Speedy Start for Ukraine Membership
Date: April 8, 2022
By Janis Laizans KYIV (Reuters) – European Commission chief Ursula von der Leyen said the civilian deaths in the Ukrainian town of Bucha showed the “cruel face” of Russia’s army and pledged to try to speed Ukraine’s bid to become a member of the European Union. During a visit to Bucha, where forensic investigators started...
EU Targets Crypto Wallets in Latest Round of Russia Sanctions
Date: April 8, 2022
By Huw Jones LONDON (Reuters) – The European Union on Friday targeted crypto wallets, banks, currencies and trusts in its fifth package of sanctions on Russia in a bid to close potential loopholes which could allow Russians to move money abroad. Following Russia’s invasion of Ukraine on Feb. 24, EU-based crypto exchanges were already required...