EU leaders agree on partial embargo on oil imports from Russia
Meeting on May 30, European Union leaders agreed that the sixth package of sanctions against Russia will cover crude oil,
Read more
Europe
European Commission proposes criminalisation of EU sanctions violations
The European Commission said on May 25 that it put forth a proposals to “add the violation of EU restrictive
Read more
EU ministers adopt temporary trade liberalisation with Ukraine
The Council of the European Union adopted on May 24 a regulation allowing for temporary trade liberalisation and other trade concessions with
Read more
EU, US condemn Russia’s energy blackmail over halt of supplies to Poland, Bulgaria, Finland
Russia’s cut-off of electricity and natural gas to Finland, following the halt of gas exports to Poland and Bulgaria, is
Read more
EU ups funding for military assistance for Ukraine to 2BN euro
European Union ministers have agreed to increase funding for military assistance for Ukraine to two billion euro, a statement by
Read more
EC proposes allowing EU countries to pay one-off aid to farmers facing rising costs
The European Commission has proposed an exceptional measure funded by the European Agricultural Fund for Rural Development (EAFRD) to allow
Read more
EU disburses 600M euro macro-financial assistance to Ukraine
The European Commission, on behalf of the EU, disbursed 600 million euro in Macro-Financial Assistance (MFA) to Ukraine on May
Read more
UN report: War in Ukraine to weigh heavily on Europe’s economies, fuelling inflation
Growth forecasts for the United States, European Union and China have been revised downward, with the EU registering the most
Read more
MEPs approve suspension of EU duties on all Ukrainian exports
The European Parliament voted on May 19 to approve a one-year suspension of EU import duties on all Ukrainian exports,
Read more