US EditionEU Renews Russia Sanctions After Reaching Compromise With Hungary
- Hungary is pressuring European leaders to remove sanctions on billionaire Russian oligarch Mikhail Fridman to support the renewal of sanctions on other individuals tied to Russia, as reported by the Financial Times.
- Since March 2022, Fridman has been under EU and UK sanctions for obtaining a benefit from the Russian government through his financial sector links.
- The G7 discussed Ukraine's territorial integrity, stating they reaffirmed their support for Ukraine's sovereignty and independence, according to EU foreign policy chief Kaja Kallas.
- The G7 foreign ministers issued a united front, warning Russia of further sanctions if it does not comply, noted British Foreign Secretary David Lammy.
121 Articles
121 Articles
The situation could come to a head in July.
US aligns with G7, urges Russia to accept Ukraine ceasefire
LA MALBAIE, Canada - The United States drew closer to its G7 allies on Friday, at least momentarily, to back Ukraine's territorial integrity and warn Russia to follow Kyiv in accepting a ceasefire or face possible further sanctions.
The Twenty-seven renewed the sanctions against 2,400 Russian individuals and entities. They reached an agreement to remove Hungary's reluctance. ...
EU resists pressure from Hungary, extends Russia sanctions
The European Union has reached a deal with Hungary to renew sanctions on more than 2,400 primarily Russian entities and individuals hours before they were set to expire on March 15, an EU official with knowledge of the negotiations told the Kyiv independent. The EU had been braced for a standoff over the issue, just the latest diplomatic tussle between the largely pro-Ukraine bloc, and its most pro-Kremlin member.Hungarian Prime Minister Viktor …
The compromise involves removing four individuals from the list of sanctioned personalities. Tycoon Mikhail Fridman is impressed
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