March 31, 2023

Athens News

News in English from Greece

EU: no consensus on sanctions reached

The EU yesterday again failed to agree on a package of new sanctions against the Russian Federation – the next round of discussions turned out to be unsuccessful.

The next attempt will take place this morning, May 30, reports “European Truth”. Rikard Jozwiak, correspondent for Radio Liberty, writes on his

it is not only a problem of the oil embargo and that notably #hungary is asking about more exemptions, there is also some that don’t agree with the proposal on banning citizens from #Russia being able to buy real estate in the EU.

— Rikard Jozwiak (@RikardJozwiak) May 29, 2022

“> page on twitter, which was not only the reason for the embargo on Russian oil:

“There are also countries that do not agree with the proposal to ban Russian citizens from buying real estate from EU“.

There is also no consensus on oil sanctions, Jozwiak writes: “Hungary wants more exemptions.”

Due to the position of Hungary, the EU is discussing partial embargo on oil from Russia: do not impose sanctions on the Druzhba pipeline. The leaders of some European countries are proposing to abandon only offshore oil and limit supplies through pipelines. Such a proposal was meant to give anti-embargo Hungary more time to find a technical solution to meet its energy needs. It will also solve the problems of other landlocked countries, in particular Slovakia and the Czech Republic. However, there is no unanimity in the adoption of such a compromise solution, which is now being discussed with the European Commission and the European Council.

According to diplomats, the draft of the sixth package of sanctions, referred to by the Financial Times, prohibits European ships from transporting Russian oil to anywhere in the world, against which Greece, whose fleet is half the capacity under the EU flag. Other countries, including Cyprus, reacted to the proposal to ban corporate services, including accounting, for Russian companies.

According to the revised draft, Bulgaria will receive a transitional period until June or December 2024, and Croatia may receive an exemption from vacuum gas oil imports. The European Commission also proposed to limit the re-export of Russian oil supplied via the pipeline to other member states or third countries.

Source link