European Union foreign policy chief Kaja Kallas said she expected the bloc to renew its sanctions on Russia on Monday after Hungary signalled it would stop holding up the move in return for assurances about energy security.
The foreign ministers of the EU member states, who met today in Brussels in the format of the EU Council, agreed to extend sanctions against Russia o
This will continue to deprive Moscow of revenues to finance its war (on Kyiv),' says EU foreign policy chief - Anadolu Ajansı
"This will continue to deprive Moscow of revenues to finance its war. Russia needs to pay for the damage they are causing," EU chief diplomat Kaja Kallas said.
The EU High Representative for Foreign Affairs and Security Policy Kaja Kallas reports that the foreign ministers of the EU member states have again decided to extend sanctions against Russia.
The European Union has renewed sanctions on Russia for another six months following concessions to Hungary on energy security. This decision aims to deprive Russia of war financing revenues. The sanctions include trade bans and frozen assets that also help fund Ukraine's $50 billion G7-backed loan.
French Minister for Europe and Foreign Affairs Jean-Noel Barrot says Putin's regime has already fallen about EUR 400 billion short as a result of EU sanctions, which is equivalent to three years of financing its war against Ukraine,
The European Union is expected to renew its sanctions on Russia following assurances about energy security from Hungary, which had previously stalled the process. The sanctions, vital for maintaining pressure on Russia over Ukraine,
BRUSSELS – Hungary removed its veto on the EU's six-month extension of Russia sanctions on Monday, but it may not be its last standoff. The deal was struck after the EU agreed to issue a joint, non-binding statement by top diplomat Kaja Kallas and the European Commission to support Hungary's energy security at Monday's meeting of foreign ministers.
Budapest’s U-turn follows Donald Trump’s warning to Moscow that it could face more curbs unless it ends war ‘soon’
The European Union on Monday agreed to prolong its sanctions against Russia over the war in Ukraine, after Hungary agreed to the move following weeks of stalling.
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 security. "Europe delivers: EU Foreign Ministers just agreed to extend again the sanctions on Russia,