Russia and the EU

Latest business news about Russia and the European Union.

Brussels proposes new import ban on Russian gold — 18 July 2022, 23:42 CET

A new package of measures to maintain and strengthen the effectiveness of EU sanctions against Russia, proposed Tuesday by the EU Commission, includes a new import ban on Russian gold.

G7 leaders pledge stronger support for Ukraine against Russian aggression — 29 June 2022, 22:33 CET

The leaders of the G7 nations at this year’s summit in Bavaria sent out a powerful signal of unity to Russia Tuesday, pledging to strengthen action against its war of aggression against Ukraine.

United Europe grants EU candidate status to Ukraine, Moldova — 27 June 2022, 23:18 CET

At a summit on Thursday, EU leaders made a historic decision to grant the status of European Union candidate to Ukraine and Moldova in the face of Russia's continuing war of aggression against Ukraine.

MEPs approves plans to restock gas reserves before winter — 23 June 2022, 23:47 CET

In response to Russia’s war against Ukraine, the EU Parliament approved Thursday a proposal which sets a mandatory minimum level of gas in storage facilities at 80 per cent by 1 November.

EU extends Russia sanctions over Crimea — 20 June 2022, 23:07 CET

EU foreign ministers decided Monday to renew for another year sanctions introduced against Russia as a response to its illegal annexation in 2014 of Crimea and the city of Sebastopol.

EU gives formal approval to new sanctions against Russia — 07 June 2022, 22:00 CET

The EU Council gave formal approval Friday to a new package of sanctions against Russia, for its continuing war of aggression against Ukraine and reported atrocities committed by Russian troops.

EU bans Russian oil in new sanctions package — 01 June 2022, 23:03 CET

EU leaders at a summit Tuesday agreed a sixth package of sanctions against Russia for its aggression against Ukraine, covering crude oil and petroleum products delivered from Russia to Member States.

EU proposes tougher rules on assets of oligarchs — 25 May 2022, 23:17 CET

The European Commission proposed Wednesday new EU-wide rules on freezing and confiscating the assets of criminals and oligarchs who violate sanctions imposed against them.

EU reaches deal on plans to restock gas reserves — 24 May 2022, 22:13 CET

EU Parliament and states reached agreement Thursday on a regulation to set mandatory minimum level of gas in storage facilities to ensure security of energy supply across the EU each winter.

EU moves to end reliance on Russian fossil fuels — 19 May 2022, 22:16 CET

The EU presented its response to the global energy market disruption caused by Russia's invasion of Ukraine Wednesday, with plans to save energy, produce clean energy, and diversify energy supplies.

Russia's war with Ukraine hits EU growth outlook — 18 May 2022, 22:43 CET

The European Union downgraded its forecasts for economic growth Monday, as Russia's invasion of Ukraine leads to a surge in energy prices and drives inflation to record highs.

EU strengthens Eurojust role on war crimes — 09 May 2022, 23:04 CET

EU states adopted a mandate Friday on new rules which will allow the judicial cooperation agency Eurojust to preserve, analyse and store evidence relating to core international crimes, such as war crimes.

New EU sanctions hit Russian exports — 13 April 2022, 00:20 CET

In light of Russia's brutal war of aggression against Ukraine, and reported atrocities committed by Russian troops, the EU imposed Friday a fifth set of economic and individual sanctions against Russia.

Brussels proposes ban on Russian coal in new round of sanctions — 05 April 2022, 22:11 CET

As more gruesome pictures emerge from Ukrainian regions vacated by Russian troops, the EU Commission proposed Tuesday new sanctions on Russia's economy, including a ban on imports of Russian coal.

EU agrees new package of sanctions against Russia — 15 March 2022, 16:24 CET

The EU set out a new package of sanctions against Russia Tuesday, prohibiting new investments in Russia's energy sector and the provision of credit rating services to any Russian person or entity.

EU leaders vow to bolster defence capabilities — 11 March 2022, 21:41 CET

EU leaders at the end of a two-day summit Friday adopted a declaration outlining plans to bolster the EU's defence capabilities, reduce energy dependencies and build a more robust economic base.

EU imposes more sanctions on Belarus and Russia — 10 March 2022, 23:04 CET

The EU introduced new sanctions on Russia and Belarus Wednesday, including measures targeting the Belarusian financial sector, and more oligarchs and members of the Russian Federation Council.

Europe can be independent from Russian fossil fuels by 2030, says EU — 08 March 2022, 19:18 CET

The European Commission outlined a plan Tuesday to make Europe independent from Russian fossil fuels well before 2030, starting with gas, in light of Russia's invasion of Ukraine.

Joint European action for more affordable, secure and sustainable energy — 08 March 2022, 18:55 CET

The European Commission proposed on 8 March 2022 an outline of a plan to make Europe independent from Russian fossil fuels well before 2030, starting with gas, in light of Russia's invasion of Ukraine.

EU introduces temporary protection for people fleeing war in Ukraine — 04 March 2022, 23:18 CET

The EU Council adopted unanimously Friday an implementing decision introducing temporary protection due to the mass influx of persons fleeing Ukraine as a consequence of the war.

Brussels turns off tap of Russian state-controlled media in the EU — 02 March 2022, 23:04 CET

The EU introduced new sanctions on Russia Wednesday in response to its brutal military aggression against Ukraine, urgently suspending the broadcasting activities of Sputnik and Russia Today.

Prove you are with us, Ukraine's Zelensky tells EU Parliament — 01 March 2022, 17:56 CET

The EU Parliament at an extraordinary plenary session Tuesday voiced unwavering support for Ukraine against Russian aggression as it heard its President Volodymyr Zelensky's appeal via live videolink.

EU offers Ukraine unprecedented arms support package — 27 February 2022, 23:57 CET

With the war in Ukraine raging, the European Union stepped up late Sunday evening with a EUR 450m package of lethal weapons and new sanctions to counter the brutal Russian aggression against Ukraine.

EU to freeze Putin, Lavrov assets — 26 February 2022, 23:28 CET

The European Union imposed sanctions against Russia's president Vladimir Putin and its foreign minister Sergey Lavrov Friday, and adopted wide ranging individual and economic sanctions.

Restrictive measures explained — 26 February 2022, 23:12 CET

EU imposes sanctions against Russia following the invasion of Ukraine