Amid growing calls for economic sanctions against Israel in view of the worsening humanitarian toll of its military operations in Gaza, EU trade ministers briefly discussed the issue on Thursday (30 May) but remained far from deciding on actual steps.
G7 finance ministers cited "progress" on Saturday (25 May) in finding ways to use profits from frozen Russian assets to help Ukraine, envisioning a concrete proposal to present to a leaders' summit next month.I’m
Four Russian state media outlets will be added to the European Union's blacklist, while other measures for the 14th sanctions package against Moscow are still in the early stages of discussion following a meeting of EU ambassadors on Wednesday (15 May).
An EU court on Wednesday (10 April) annulled sanctions on two Russian businessmen, Petr Aven and Mikhail Fridman, after finding that the reasons invoked by Brussels were invalid.
EU leaders are next week expected to call for new sanctions targeting Belarus, North Korea, and Iran over their support to Russia's war efforts in Ukraine as the bloc attempts to further crack down on circumvention by third countries
EU member states on Wednesday (21 February) agreed to ban exports to three mainland Chinese firms and blacklist North Korea's defence minister in new sanctions for the second anniversary of Russia's war on Ukraine.
The EU is expected to hit more Russian military and tech firms, including firms shipping ammunition from North Korea, as part of a new package of measures to mark two years since Russia invaded Ukraine.
The EU on Wednesday (3 January) added Russia's Alrosa, the world's biggest diamond producer, as well as its CEO Pavel Alekseevich Marinychev to its sanctions list as part of its ban of import bans over Moscow's war on Ukraine.
After weeks of wrangling, EU ambassadors on Wednesday (21 June) agreed to an 11th package of sanctions against Russia over its invasion of Ukraine, designed to prevent third countries and companies from circumventing the bloc's existing measures.
The European Commission on Wednesday (3 May) presented plans to extend its sanctions regime to target foreign nationals for corruption offences, in the wake of the Qatargate scandal and revelations on the scale of Russian money in Europe.
With the European Commission having started work on the 11th Russia sanctions package since its invasion of Ukraine, Russia hardliners are reviving pressure to target the country's nuclear industry.
Germany is pushing for the European Union to include the civilian nuclear sector in the bloc's new sanctions package against Russia, the Economy Ministry said on Monday (17 April).
The mother of Yevgeny Prigozhin, a close ally of President Vladimir Putin and head of Russia's Wagner mercenary group, won a challenge in a top EU court on Wednesday (8 March) to be removed from the bloc's sanctions list.
The Financial Action Taskforce (FATF), the international anti-money laundering watchdog, suspended Russia’s membership with immediate effect on Friday (24 February) due to the country's attack on the “security, safety and integrity of the global financial system”.
The Netherlands has put forward a proposal, supported by a dozen of EU member states, to establish a centralised EU sanctions watchdog to tackle mass circumvention of the bloc's sanctions against Russia centrally from Brussels, according to a document seen by EURACTIV.
The European Union's ban on Russian fuel imports that begins next week is expected to keep profit margins high this year at US oil refiners, executives said on Tuesday (31 January), as global fuel trade shifts.
Hungary will veto any European Union sanctions against Russia affecting nuclear energy, Prime Minister Viktor Orbán told state radio on Friday (27 January).
The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products like diesel and a $45 per barrel cap on discounted products like fuel oil, European Union officials said on Thursday (26 January).
IKEA is using more wood from Sweden and the Baltics to make up for not sourcing it from Russia and Belarus which the company has shunned due to Moscow's war in Ukraine, its wood supply boss said in an interview.
The US has determined that some Chinese companies are providing non-lethal assistance to Russia for use in the Ukraine war and officials are noting their concern to the Chinese government, a source familiar with the matter said on 24 January.
Ukrainian President Volodymyr Zelenskyy said personnel changes were being carried out at senior and lower levels, following the most high-profile graft allegations since Russia's invasion that threaten to dampen Western enthusiasm for the Kyiv government.
This year's Group of Seven president Japan has joined the bloc's condemnation of Russia's Ukraine invasion, imposing sanctions and agreeing on an oil price cap, with one exception: Moscow's Sakhalin energy projects.
In 2022, Ukraine bought a huge amount of fuels from Bulgaria made from Russian oil, according to data by the Bulgarian National Statistical Institute, provided exclusively to EURACTIV Bulgaria.
The European Commission on Monday (16 January) dismissed the results of Hungary's controversial government consultation on EU sanctions against Russia, which were released over the weekend.
