Euractiv announced the approaching limit of EU sanctions against Russia

On the eve of the foreign ministers of the EU countries were unable to agree on the sixth package of sanctions due to disagreements about the oil embargo. According to the source of the publication, it is difficult to imagine what restrictions could be included in the seventh package .jpg” alt=”Euractiv announces imminent limit of EU sanctions against Russia” />

The European Union is approaching the limit of sanctions against Russia, the adoption of the seventh package would be extremely difficult, a diplomatic source in Brussels told Euractiv.

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“We are very close to reaching the limit. What could be in the seventh package?»— the interlocutor of the edition asked a question. According to him, now there is a “mess with Russian oil”, the import of which the head of the European Commission Ursula von der Leyen proposed to ban under the sixth package. “Imagine what will happen when they propose to ban gas? ..” — continued the source.

According to him, the foreign ministers at the meeting the day before took a “step back” when discussing new sanctions. On May 16, EU foreign ministers failed to agree on a sixth package of sanctions. EU High Representative for Foreign Affairs and Security Policy Josep Borrell said he did not know how long it would take to agree on new restrictions, including an embargo on Russian oil. Hungary has repeatedly spoken out against such a measure: its authorities refuse to approve the package if it contains a ban on oil imports from Russia. Bulgaria, Slovakia and the Czech Republic also raised concerns about the embargo, according to Reuters.

An Euractiv source noted that no one, including Hungarian Prime Minister Viktor Orban, “wants to take things to the EU summit.” The diplomat suggested that progress can be expected after May 18, when the REPowerEU strategy to reduce dependence on Russian fossil fuels will be announced. As part of this strategy, Hungary, as Politico wrote, will be able to receive financial compensation for the refusal of oil from Russia.

The EU introduced the first package of anti-Russian sanctions on February 23, after Moscow recognized the independence of the DNR and LNR. It included personal restrictions on 351 State Duma deputies and another 27 individuals and legal entities. Brussels approved the next four packages after the start of the Russian military operation in Ukraine. The measures affected import and export, business, industry, the Central Bank and banks, Russian politicians, journalists and the military.

The Russian authorities call the sanctions illegitimate. President Vladimir Putin warned the European Union in May of “intractable consequences” continued sanctions pressure on Russia. He cited “short-sighted, overblown political ambitions” as the reason for the restrictions. and “Russophobia”. According to Putin, Western countries “hit their own national interests, their own economies, the well-being of their citizens,” while Russia is “confidently coping with external challenges.”

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