EU ambassadors agree 21st sanctions package against Russia, EU diplomats say
The package also freezes the Russian oil price cap for 12 months and adds sanctions on banks, crypto firms and shadow fleet vessels.
- EU ambassadors approved the 21st sanctions package against Russia early Thursday after marathon negotiations, ending a Greek veto over a ban on transporting Russian liquefied natural gas .
- Greece, owner of 60 percent of the EU fleet, blocked the package to protect shipping firms like Dynagas, owned by Greek billionaire George Prokopiou, from LNG transport restrictions.
- The final deal includes a 12-month renewable exemption allowing Greek firms to transport Russian LNG to non-EU clients, a concession meant to show 'solidarity' with Athens, diplomats said.
- Under the agreement, the Russian crude oil price cap remains frozen at $44 per barrel for 12 months, preventing an automatic increase that could have benefited Moscow's war effort.
- Athens retains veto power through annual review of the exemption, protecting maritime interests as the broader ban on importing and transporting Russian LNG takes full effect on January 1, 2027.
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149 Articles
EU targets Russian banks in new sanctions package over Ukraine war
European Union envoys agreed on a 21st sanctions package against Russia over its war in Ukraine, imposing curbs on its banking sector while also finding a compromise with Greece to soften restrictions on Russian LNG, EU diplomats said on Thursday. The package, which the EU said was its biggest for four years, granted a one-year […]
For the first time, an EU sanctions package against Russia is seriously at risk, not because of Hungary, but because of concerns of many states. However, an agreement is reached. The oil price cap and the export of goods to Russia are affected.
Athens manages to save LNG carriers, while the veto on Russian soldiers and the ban on fishery products disappear. More information: Von der Leyen launches the 21st package of sanctions against Russia: veto on soldiers who have fought in Ukraine
The stalemate of a month and a half has unlocked and the 27 states of the EU have found the agreement on the 21st package of sanctions to Russia, a measure considered among the most restrictive against Moscow among those thought from the beginning of the conflict, as they say from Brussels. Decisiva the understanding in Coreper with [...] L'articolo Agreement in EU on the 21st package of sanctions to Russia: "The largest of the last 4 years" . H…
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