The high representative of the European Union (EU) for Foreign Affairs and Security Policy, Josep Borrell, stated that the gas contracts with Russia they will not be paid in rubles and added that he does not rule out the possibility of reopening the debate on a possible embargo of hydrocarbons. Also Vice President of the […]
Tag: European Union
European Union will accelerate conversion to green energy
Lima, 04/27/2022 07:29 pm The High Representative of the European Union for Foreign Affairs and Security Policy and Vice President of the European Commission, Josep Borrell, said on Wednesday from Chili that the decision of Russia to cut gas supply to Poland Y Bulgaria will accelerate Europe’s decision to convert to green energy. Borrell began […]
The US, the EU and other countries leave the G20 meeting in which Russia was present
Finance officials from the United States, the European Union (EU) and France, among others, walked out of a hybrid G20 meeting in Washington on Wednesday, protesting Russia’s presence and invasion of Ukraine, US sources said. Community and French. US Treasury Secretary Janet Yellen; the French Minister of Finance, Bruno Le Maire, and the European Commissioner […]
Europe plans to pay for most of Ukraine’s reconstruction
The European Union plans to set up a solidarity trust fund to finance the reconstruction of war-torn Ukraine as member states have been told they should pay most of the costs. The European Commission told diplomats it is working on an EU instrument focused on the country’s long-term needs rather than a multilateral tool, as […]
EU countries coordinate to make it easier for Ukrainians to exchange their currency
Lima, 04/13/2022 09:24 a.m. The countries of the European Union (EU) agreed on a coordinated approach to make it easier for displaced Ukrainians arriving in the bloc’s countries to exchange their currency, the hryvnia, for euros or other European currencies. The Twenty-Seven adopted a recommendation that, in line with the initial proposal of the European […]
European Union seeks ways to discourage ‘fast fashion’ in clothing
Lima, 03/30/2022 11:37 am The European Union (EU) has warned consumers to stop treating clothes like disposable tissues as it seeks to counter the growing use of pollution-causing “fast fashion”. New rules proposed by the EU’s executive arm would impose mandatory minimum use of recycled fibers by 2030 and ban the destruction of unsold products. […]
EU to create a rapid reaction force of up to 5,000 soldiers
Updated on 03/21/2022 06:22 pm The European Union’s foreign affairs and defense ministers agreed on Monday on a security strategy aimed at increasing the bloc’s military weight in case there is a new war in Europe, establishing a rapid reaction force with up to 5,000 troops to be deployed in case of crisis. “The threats […]
EU will finance more weapons for Ukraine and considers sanctioning Russian energy
The foreign ministers of the European Union (EU) gave their political agreement on Monday to finance with another 500 million euros weapons for Ukraine to defend itself from the Russian invader, and decided to continue exploring new sanctions against Moscow that could affect energy exports, specifically oil or coal. The high representative of the EU […]
EU divided over hitting Russia with oil sanctions
Updated on 03/21/2022 12:09 pm The European Union should deepen sanctions on Russia to focus on its lucrative energy sector, the foreign ministers of Lithuania and Ireland said on Monday, at the start of a diplomatic flurry over how to punish Moscow for its invasion of Ukraine. The European Union (EU) and its allies have […]
Israel, at the risk of becoming a refuge for Russian Jewish oligarchs
The Russian oligarchs, until recently highly valued in Israel for their investments and patronage, are now a stone in the shoe. The country, which has not sanctioned Russia, may become a haven for Jewish tycoons seeking to circumvent sanctions and get away from the Kremlin entourage. The names of Roman Abramovich and other billionaires of […]