Long reputed to be Russia-friendly, Hungarian Prime Minister Viktor Orban has often railed against the continuation of the EU sanctions, claiming that they impose an intolerable burden on the Hungarian economy and provide no solution for the carnage in Ukraine.
EU officials are debating whether to restart Russian pipeline gas imports as a potential incentive for Moscow to negotiate peace with Ukraine, the Financial Times reported Thursday, citing anonymous sources familiar with the discussions.
The EU has slapped 15 rounds of sanctions on Russia since it's all-out invasion of Ukraine in February 2022, and member states are negotiating a 16th. But Moscow has used a variety of tricks to evade sanctions and divert goods and money to Russia, including convoluted financial schemes.
Uncertainty in U.S. Policy on Ukraine. While the U.S. remains Ukraine’s largest military backer, Trump has frequently criticized aid to Kyiv and sent mixed signals on future sup
The European Union will moved forward with a renewal on Russian sanctions after a deal was struck with Hungary, according to multiple reports.
At the same time, the slow rollout frustrates European fertilizer producers, who say Moscow is being given more time to keep on flooding the market. Last year, the EU imported 6.17 million metric tons of Russian fertilizer worth €2.12 billion — the highest volume since Russia’s 2022 invasion of Ukraine, according to Eurostat and customs data.
The sanctions target trade, finance, energy, technology, industry, transport and luxury goods and include a ban on seaborne crude oil.
The European Union proposed imposing tariffs on the remaining agricultural products coming from Russia and Belarus that aren’t already facing duties, as well as some nitrogen-based fertilizers.
Russia on Friday condemned an executive order by U.S. President Donald Trump to build a new missile defence shield, accusing the United States of trying to upset the global nuclear balance and pave the wave for military confrontation in space.
CHISINAU, Moldova — President Donald Trump’s abrupt freeze of U.S. foreign aid is sending shockwaves through Eastern Europe, leaving pro-democracy groups, independent media, civil society initiatives and local governments scrambling to make ends meet in a region often defined by rivalries between East and West.
Lithuanian President Gitanas NausÄ—da says that any peace settlement in Ukraine must involve Kyiv and come with more defense spending by regional countries to deter future Russian aggression.