Poland, Baltics to close off roads to Russia, Belarus, Ukraine deputy minister claims
Ukraine Infrastructure Minister Oleksandr Kubrakov has asked Poland and the Baltic states to close their road links to Russia and Belarus....
EU court clears way for funding cuts over rule of law breaches
The European Union’s top court ruled that it can reduce funds to member states over rule of law concerns, rejecting a...
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)...
Metals illustrate difficulty of decoupling from Russian economy – CET analysis
The US can do without Russian oil, but has been reluctant to give up on its metals. Sanctions against Russian aluminium...
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...
Croatia plans for worst case energy scenario
Croatia is currently boosting its own gas security in preparation for next winter, Energy Minister Davor Filipovic announced. By 1 November,...
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...
