Hungary and Slovakia oppose the oil embargo on Russia, even with exceptions for them
The Hungarian government said that the European Union’s plan for a complete ban on Russian oil is unsatisfactory, as it threatens Hungary’s energy security. Source: Spokesman for the Hungarian government Zoltan Kovacs Hungary and Slovakia, heavily dependent on Russian energy, will be given time until the end of 2023 to implement the...
EU presents the sixth package of sanctions today
The European Union will adopt a sixth package of sanctions against Russia on Wednesday (May 4th). Source: President of the European Commission Ursula von der Leyen “Today we are presenting the sixth package of sanctions. First, we are listing high-ranking military officers and other individuals who committed war crimes in Bucha. We know...
Mariupol – is European Aleppo, the city destroyed to the ground, – EU High Representative
EU High Representative called Ukraine’s Mariupol a European Aleppo. Source: EU High Representative Josep Borrell “Mariupol is the European Aleppo. A city destroyed to the root. With thousands of civilian deaths. We will do everything possible so that this war ends as soon as possible. And for this, we will continue to help...
The European Commission has agreed to remove all duties and quotas on Ukrainian exports for a year, – President of Ukraine
The EU Commission has agreed to eliminate all duties and quotas on Ukrainian exports for one year. Source: The President of Ukraine Volodymyr Zelenskyy “An important decision of the European Union is being prepared. The European Commission has agreed to remove all duties and quotas on Ukrainian exports for a year, as well as to suspend...
Ukrainian refugees who remain in the EU will contribute to the economic development
The large flow of refugees from Ukraine to the EU due to the Russian invasion could be a positive thing for European countries in need of workers. Source: Director of the European Department of the IMF Alfred Kemmer “In the long run, Ukraine wants the refugees to return. The sooner this happens, the better. However, some of the refugees may...
European Union has frozen 35 billion euros in Russian assets
The European Union has frozen 35 billion euros in Russian assets over the war in Ukraine. Source: European Commission “European Union countries froze 35 billion euros ($39 billion) of assets in response to Russia’s invasion of Ukraine during the first 5 1/2 weeks of the war, with France topping the list, having frozen goods and capital...
Security guarantees for Ukraine will make it “impregnable”, – UK Prime Minister
Western allies are preparing to offer Ukraine a number of security guarantees that will make the country “impregnable” to a repeat Russian attack. Source: Prime Minister of the United Kingdom Boris Johnson According to Johnson, it is necessary to develop a long-term vision of the place of Ukraine in the future “European security...
Ukraine wants to fully join the EU in 2024, – Minister of Economy of Ukraine
Yulia Svyrydenko believes that Ukraine should become a full member of the European Union in 2024. Source: First Deputy Prime Minister – Minister of Economy Yulia Svyrydenko “We expect to receive the status of a candidate for EU membership this summer. The first part of our application has already been submitted. We will fulfill all...
Russian ships will be prohibited from entering US ports – President of the USA
US President has said that Russian-linked ships will be banned from entering US ports. This move is aimed at increasing pressure on Russia for its military invasion of Ukraine. Source: The President of the USA Joe Biden “Today I am announcing that the United States will ban Russian-related ships from entering our ports, as has been done in...
EU countries ready to impose oil embargo on Russia – President of Ukraine
President Volodymyr Zelenskyy declares confidence in the imposing of the oil embargo on Russia and waits for a decision on the next sanctions package. Source: The President of Ukraine Volodymyr Zelenskyy “We call on the EU to impose a full energy embargo on Russian oil and gas. Oil should definitely be included in the sixth sanctions...