The European Union starts applying a new automatic and dynamic mechanism for price adaptation of the Oil Price Cap for Russian crude for the first time from 15 January.
The EU adopted a new wide-ranging package of economic and individual restrictive measures against Russia, three years after Russia began its full-scale invasion and war of aggression against Ukraine.
Estonia, Latvia and Lithuania successfully integrated into the EU internal energy market Sunday, becoming fully independent from Russia’s and Belarus’s electricity systems.
Senior European legal experts concluded the legal work Tuesday on the establishment of a Special Tribunal for the Crime of Aggression against Ukraine to hold Russia accountable for its war.
The EU Council has added three Russian foreign military intelligence officers to the list of sanctions against Russia for conducting a series of cyberattacks against the Republic of Estonia in 2020.
The EU Commission disbursed the first €3 billion tranche of a financial aid loan to loan for Ukraine Friday, to be repaid with proceeds from immobilised Russian State assets in the EU.
The EU Commission opened an investigation into Chinese-owned social media giant TikTok Tuesday, following indications that foreign actors interfered in the Romanian presidential elections.
