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Tag: EU

Hungary: Cheap gasoline only for … locals

Hungary: Cheap gasoline only for … locals Hungary: Cheap gasoline only for … locals

In defiance of European law, the Hungarian government decided to subsidize gasoline only for Hungarians. Strong reactions are expected in Brussels. With the official reasoning that it wants to end “gas tourism”, the Hungarian government decided, rather unexpectedly, on Thursday to ban drivers from abroad, even from other EU member states, from being supplied with […]

EU prepares to impose ‘smart sanctions’ on Russian oil exports

EU prepares to impose ‘smart sanctions’ on Russian oil exports EU prepares to impose ‘smart sanctions’ on Russian oil exports

The European Union (EU) is preparing to impose “smart sanctions” on Russian oil imports, according to European Commission Vice-President Valdis Dobrovskis, published in the British newspaper The Times today. “We are working on the sixth package of sanctions and one of the issues we are looking at is to impose some kind of embargo on […]

New sanctions against Russia and military aid to Ukraine, EU-US decided

New sanctions against Russia and military aid to Ukraine, EU-US decided New sanctions against Russia and military aid to Ukraine, EU-US decided

The United States and the European Union today agreed that it is necessary to intensify pressure on the Kremlin, mainly through the adoption of new sanctions, but also to further isolate Russia, during a teleconference convened by US President Joe Biden, with the participation of many leaders. allied countries. “We will further tighten our sanctions […]

OPEC tells EU it is impossible to replace possible losses of Russian oil

OPEC tells EU it is impossible to replace possible losses of Russian oil OPEC tells EU it is impossible to replace possible losses of Russian oil

OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst shocks to oil supplies and that it would be impossible to replace them. OPEC Secretary-General Mohamed Barcido made the remarks in a meeting with EU officials on Monday, according to a transcript of a speech […]

The EU embargo on Russian coal is postponed to mid-August

The EU embargo on Russian coal is postponed to mid-August The EU embargo on Russian coal is postponed to mid-August

European Union envoys are set to approve a ban on Russian coal imports on Thursday, which will take full effect in mid-August, a month later than originally proposed, an EU source told Reuters, following pressure from Germany to delay the measure. The phasing out of Russian coal imports from the EU is a cornerstone of […]

EU – M. Schoinas: The best weapon against populism and extremism, is the policy that builds trust and gives real solutions

EU – M. Schoinas: The best weapon against populism and extremism, is the policy that builds trust and gives real solutions EU – M. Schoinas: The best weapon against populism and extremism, is the policy that builds trust and gives real solutions

“Europe is stronger, more united and more determined today,” European Commission Vice President Margaritis Schoinas said in a speech to the Congress of the Spanish People’s Party, which elected Alberto Feicho as its new president in Seville. He also stressed that “the best weapon against populism and extremism is good politics, one that builds trust […]

EU-Head of Market Surveillance: ‘Risks Remain High’ in Case of Russian Bankruptcy

EU-Head of Market Surveillance: ‘Risks Remain High’ in Case of Russian Bankruptcy EU-Head of Market Surveillance: ‘Risks Remain High’ in Case of Russian Bankruptcy

The new head of the European Market Surveillance Authority (ESMA), Berena Ross, sees great risks in the financial markets due to a possible state bankruptcy of Russia, high inflation rates and possible interest rate hikes. EU financial market watchdog ESMA has been expecting wild stock market fluctuations for some time after the Russian invasion of […]

Von der Leyen: Commitment to additional LNG supply to EU this year is a big step towards decoupling from Russian energy

Von der Leyen: Commitment to additional LNG supply to EU this year is a big step towards decoupling from Russian energy Von der Leyen: Commitment to additional LNG supply to EU this year is a big step towards decoupling from Russian energy

Reducing energy dependence on Russia can be achieved, among other things, through additional supplies of liquefied natural gas supplies, Commission President Ursula von der Leyen said in joint statements with US President Joe Biden in Brussels. “The US commitment to provide the EU with an additional 15 billion cubic meters of LNG this year is […]

Britain wants to put shipping in the carbon trading system

Britain wants to put shipping in the carbon trading system Britain wants to put shipping in the carbon trading system

Britain has launched a consultation on possible changes to its emissions trading system, including the addition of the shipping sector and stricter ceilings set under the system, to help it achieve the zero emissions target, according to published documents. on Friday and saw Reuters. Britain launched a domestic emissions trading scheme (ETS) in May last […]

‘War crimes must stop immediately’, stresses text of EU Summit conclusions

‘War crimes must stop immediately’, stresses text of EU Summit conclusions ‘War crimes must stop immediately’, stresses text of EU Summit conclusions

“War crimes must stop immediately. Those responsible and their accomplices will be held accountable under international law,” the 27 European leaders said in a statement on the Russian military offensive against Ukraine. The text of the conclusions states that Russia launches attacks on the civilian population and targets political institutions, such as hospitals, schools and […]