US EditionEU Summit Focuses on Ukraine Amid Divisions over Russia Sanctions
EUROPEAN UNION, JUN 26 – The European Union extended current sanctions on Russia despite Slovakia's veto blocking new measures amid concerns over energy dependence and economic impact, officials said.
- On June 26, 2025, the EU's 27 leaders agreed at a Brussels summit to extend sanctions on Russia over the Ukraine war for six more months.
- This extension followed stalled negotiations due to disputes led by Slovakia's Prime Minister Roberto Fico over gas import cutoffs and Hungary's past objections.
- The sanctions involve the freezing of over €200 billion belonging to Russia’s central bank and impose restrictions on sectors including energy, finance, and trade.
- Ukraine's President Zelensky called on EU leaders, in a video message, to implement comprehensive measures aimed at curbing Russia's oil exports, disrupting its hidden tanker operations, restricting financial institutions, and cutting off supply chains involved in weapon production.
- Despite the extension, EU officials prepare contingency plans amid internal tensions as the bloc balances economic impacts and energy security with collective pressure on Moscow.
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58 Articles
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Italy has frozen Russian oligarchs' assets valued at around 2.3 billion euros ($2.64 billion) since the invasion of Ukraine in 2022, data provided by Italian authorities show, with the most recent seizures occurring at the beginning of the month. Italy seized assets - including bank accounts, luxury villas, yachts and cars - as part of the European Union's sanctions against the Kremlin and its backers. The Bank of Italy had said that at the end …
EU Leaders Agree on Extending Russia Sanctions, Fail To Approve New Ones
The EU’s 27 leaders on Thursday, June 26th, agreed to extend sanctions on Russia for another six months. The decision at a summit in Brussels means that the EU’s sweeping sanctions over the war in Ukraine, including the freezing of more than €200 billion in Russian central bank assets, will remain in force until at least early 2026. It comes after officials said they were preparing contingency plans to keep the bloc’s economic punishment on Mosc…
The EU states have not decided a new package of sanctions against Russia because of Slovakia's resistance. There was only an agreement to extend the existing measures. The new package should include sanctions against the Russian energy industry, banks and the military industry.
EU leaders on Thursday agreed to extend all existing sanctions packages against Russia. Follow the latest developments in our live blog.
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