The economic sanctions on Moscow were set to expire on January 31, and the EU Foreign Ministers unanimously decided to extend them for another six months
The European Union extended its sanctions on Russia due to the ongoing war in Ukraine. Hungary had delayed the decision, seeking assurances on energy security. The renewed sanctions aim to disrupt Russia's finances,
Before reupping the sanctions, Budapest wanted to wait for Trump's inauguration, then insisted Brussels push Ukraine to reopen a gas pipeline running to Central Europe.
The EU renewed sanctions on Russia and called for unity to respond to Donald Trump's transactional approach. The US president's warning to Moscow to end the war or face more penalties was more in line with EU policy.
European Union foreign policy chief Kaja Kallas said she expected the bloc to renew its sanctions on Russia on Monday after Hungary signalled it would stop holding up the move in return for assurances about energy security.
PARIS - European Union foreign ministers agreed Monday to continue sanctions against Russia over the war in Ukraine but to ease some sanctions against
Hungary has stopped delaying the renewal of European sanctions on Moscow, which may have detrimental consequences on its relationship with Russia.
European Union foreign ministers agreed on Monday to extend sanctions on Russia over its war against Ukraine after Hungary lifted its opposition to the move.
The European Union renewed its sanctions on Russia for another six months after Hungary received energy security assurances. Despite initial resistance, Hungary supported the decision, which prevents Moscow from financing its war efforts.
The foreign ministers of the EU member states, who met today in Brussels in the format of the EU Council, agreed to extend sanctions against Russia over its aggression against Ukraine. — Ukrinform.
US President Donald Trump said on Wednesday he would add new tariffs to his sanctions threat against Russia if the country does not make a deal to end its war in Ukraine, and added that these also could be applied to ‘other participating countries’.
European Union foreign policy chief Kaja Kallas said she expected the bloc to renew its sanctions on Russia on Monday after Hungary signalled it would stop holding up the move in return for assurances about energy security.