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BRUSSELS (Reuters) -The European Union renewed its wide-ranging sanctions on Russia on Monday for another six months after Hungary stopped holding up the move in return for assurances about energy ...
The EU is considering its options to block Hungary from vetoing hundreds of billions of dollars worth of sanctions against Russia, including an 81-year-old decree that can only be signed by the ...
BUDAPEST (Reuters) -Hungary and Slovakia have asked the European Commission to mediate a consultation procedure with Ukraine, Hungary's foreign minister said on Monday, after Kyiv placed Russian ...
In May 2020, European Commission President Ursula von der Leyen and European Council President Charles Michel responded to calls from Russia for relaxation of the sanctions to facilitate the COVID-19 response explaining that the EU sanctions are "deliberately narrowly framed in order to limit the risks of unintended consequences or harm to the ...
But the European Commission, the EU's executive body, can take legal action against a member country if it deems EU law has been broken. Hungary's Foreign Minister Peter Szijjarto said on Tuesday ...
The diplomatic standoff arose when on 24 June 2024 [1], Ukraine tightened sanctions, which were imposed on 21 June 2018 [2], against Lukoil — Russia's largest private oil firm — which included a ban Lukoil on oil supplies and the assignment of its contractual obligations to supply oil to Hungary and Slovakia through the Druzhba pipeline to ...
An essential tool of the EU's Common Foreign and Security Policy (CFSP) are restrictive measures, also known as "sanctions". They are utilized by the EU as a component of a coordinated and all-encompassing policy approach that includes political discussion, complementary actions, and the use of other tools at its disposal.
The European Union agreed new sanctions on Russia that will blacklist more politicians, lawmakers and officials, ban EU investors from trading in Russian state bonds, and target imports and ...