Renewable energy mid-term answer to soaring inflation – Berlin institute
Fossil fuel prices in Europe have increased notably since the onset of Russia’s invasion of Ukraine, the Mercator Research Institute (MCC)...
CEE states urge EU to rebuild Ukraine with seized Russian assets
In a letter to be sent to EU finance ministers, Slovakia, Lithuania, Latvia and Estonia jointly call for frozen Russian assets...
OMV to transfer euros to Russia for payments to Gazprom
Austrian energy group OMV announced on Friday that it was opening an account with Russian Gazprombank for ruble conversion. The development came...
EC unveils EUR 300bn plan to decouple from Russian energy within 5 years
The European Commission (EC) adopted a EUR 300bn proposal for the 27-country bloc to be entirely independent of Russian energy by...
Slovakia to tax Russian-processed oil
The Slovak government approved a proposal to impose an extra import tax on Russian-processed crude oil on Wednesday. The levy would...
Poland set to unlock EUR 36bn in COVID recovery funds frozen over dispute – report
The European Commission (EC) is about to release the EUR 36bn Recovery and Resilience Plan (RRP) funds to Poland that were...
US suggests tariffs on Russian oil, as Hungary blocks EU-wide embargo
The EU failed to agree on its latest sanctions against Russia on Tuesday, as Hungary refused to drop its threat to...
G7 backs Albania, North Macedonia for EU talks, slams Republika Srpska secessionism
G7 ministers expressed their concern about the “deepening political crisis” in Bosnia and Herzegovina (BiH) and support for the commencement of...
Hungary leverages over EU oil sanctions
The EU on Monday failed to make headway on finalising a sixth package of sanctions against Russia in response to its...
Crucial vote next week for EU decarbonisation
MEPs on the environment committee of the European Parliament (ENVI) will vote on a tranche of environmental proposals early next week....
