Section: Economy
US and UK will not lift sanctions on Russia in exchange for unblocking Ukrainian ports
Neither the United States nor the United Kingdom сonsider lifting sanctions on Russia in exchange for unblocking Ukrainian ports for grain exports. Source: US Department of State spokesman Ned Price US Department of State spokesman Ned Price called the suggestion “worthless” to control inflation. “Of course, we will not lift...
The European Commission proposes to add the violation of EU sanctions against Russia to the list of EU crimes
The European Commission has developed a proposal to add violations of EU sanctions to the list of criminal offenses. Source: The Press Service of The European Commission The Commission proposes to include in the list of criminal offenses participation in actions or activities aimed at directly or indirectly circumventing sanctions, including by...
Russians bypass sanctions with the help of Belarus
Russians bypass sanctions due to Belarus. Source: Head of the Office of the President of Ukraine Andriy Yermak “Travel to Minsk or the so-called” banking tourism “to obtain Visa and MasterCard cards in Belarusian banks has become popular. They can be used to pay abroad and in international online stores. There is also a demand...
Serbia must join sanctions against Russia if it wants to join the EU, – EU High Representative
Serbia must join sanctions against Russia if it wants to join the European Union. Source: EU High Representative for Foreign Affairs and Security Policy Josep Borrell According to him, the EU welcomes and appreciates the strategic and courageous decisions of those partner countries in the Western Balkans that have fully aligned their foreign...
Ukraine won’t accept the sixth package of sanctions without an embargo on Russian oil, – Minister of Foreign Affairs of Ukraine
The Minister of Foreign Affairs of Ukraine stated that he did not believe that the sixth package of EU sanctions against Russia could be adopted without an oil embargo. Source: The Minister of Foreign Affairs of Ukraine Dmytro Kuleba “No. I do not believe that the sixth package can be approved without an oil embargo. Ukraine is against the...
Great Britain announced new sanctions against Russia and Belarus for £ 1.7 billion
The United Kingdom has announced a new package of sanctions against Russia and Belarus worth 1.7 billion pounds of trade. Source: the British Government According to the British government, this package of sanctions “aims to further weaken Putin’s military machine.” “It will bring the total value of products subjected to...
Greece helps Russia circumvent sanctions
Russian oil tankers continue to enter European ports. Greece helps Russia to circumvent sanctions imposed by the EU. It is noted that Greek shipowners are expanding their business with Russia. The share of Greece in the transportation of Russian oil has tripled in April compared to 2021. According to the insurance company Lloyd’s, a total...
80% of Europeans support sanctions against Russia
Europeans approve of the EU’s reaction to the war in Ukraine. The majority supports Ukraine and its people and approves sanctions against Russia. Source: the European Commission According to the data, support for sanctions imposed on Russia after its attack on Ukraine is very high. 80% of respondents approve of economic sanctions against...
Ukraine’s victory depends on sanctions, weapons and prospects for EU membership, – Minister of Foreign Affairs of Ukraine
The issue of Ukraine’s membership in the EU is a matter of war and peace in Europe. Source: Minister of Foreign Affairs of Ukraine Dmytro Kuleba “There are three issues on which Ukraine’s victory in this war depends. These are sanctions, weapons, and the prospect of Ukraine’s membership in the EU.” There should be...
Paying for Russian gas in rubles – is a violation of sanctions, – EU Commissioner
Paying European companies for gas supplied by Russia in rubles – is a violation of EU sanctions. Source: EU Commissioner Ursula von der Leyen “Companies whose contracts provide for payment only in dollars or euros should not accede to the Russian demand. This would be a breach of the sanctions so high risk for the companies.” EU...