Consequently,
Eu adopts its 18th package:
The European Union continues its sanctions against Russia. Nevertheless, validates new measures to weaken the Russian economy.
The European Union adopted a 18th package of sanctions against Russia against Ukraine on Friday. For example, which provides for a lowering Russian oil price, it has been learned from diplomatic sources.
“We now have an agreement on an 18th package of strong. In addition, effective sanctions against Russia,” said a diplomat in Brussels after a meeting of the ambassadors of the European Union on Friday morning.
Paris thus salutes the adoption of “unprecedented” European sanctions against Russia.
“We Europeans are adopting unprecedented sanctions against Russia this morning. Furthermore, the countries that support it, shared on X Jean-Noël Barrot, the Minister of Europe and Foreign Affairs. Similarly, France has played a decisive role. With the United States, we will contrast Vladimir Putin to a ceasefire.”
Slovakia. which so eu adopts its 18th package far blocked the adoption of this new package of sanctions, the 18th since the Russian invasion of Ukraine in February 2022, finally agreed to lift its veto after having received guarantees.
Bratislava used this veto to put pressure on the European Commission so that it guarantees its gas supply. when the EU seeks to fully interrupt its imports of Russian gas by 2027.
These new sanctions provide. among other things, a lowering of the threshold for the price of Russian crude oil, now set at just over $ 45 a barrel, 15% less than the average Russian barrel price on the market, according to these sources.
The threshold has so far been set at 60 dollars per barrel. a price deemed too high, given the current level of oil prices on the market.
“The European Union has just adopted one of the most severe sanctions packets against Russia to date. ” said eu adopts its 18th package the head of European diplomacy Kaja Kallas.
If prices were to continue to decrease on the market. the new mechanism would follow the movement with still 15% difference, a system deemed more flexible and effective than the previous one.
Eu adopts its 18th package
The chilly United States
The EU “will maintain the pressure until Russia stops his war. ” said Kaja Kallas.
Europeans are still hoping to rally the United States. so much inclined so far to set a new threshold after the agreement concluded in the G7 over a price of 60 dollars.
By fixing a maximum price, Westerners hope to limit the financial windfall from Russia to continue its war against Ukraine.
According to Kaja Kallas. the threshold of 60 dollars has reduced Russian oil revenues by 30%, essential to the financing of the conflict.
The president of the European Commission. Ursula von der Leyen, had proposed in June to lower by 60 eu adopts its 18th package to 45 dollars the threshold of the sale price of the barrel of Russian oil, to adapt to the new market conditions while the price of black gold has dropped. The European Commission also suggests a ban on importing refined products based on Russian crude oil.
The aim is to reduce Russia’s oil income at war. as part of a new “package” of sanctions which should then be approved by the member states.
“Oil exports still represent a third of Russia’s income. We have to reduce this source of income,” she said in June before the press.
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