NEW EU SANCTIONS AGAINST RUSSIA REJECTED – EU proposed a 15 % floating price cap on Russian oil
The European Union did not approve new Russia sanctions on Tuesday, Vice President of the European Commission Kaja Kallas said after a meeting with EU foreign ministers in Brussels.
Kallas, who states that she was “really sad” the sanctions did not get approved, remains hopeful for a deal, adding that the ball is in Slovakia’s court.
Slovakia has blocked the EU’s latest sanctions package until its concerns are addressed over a separate EU proposal to phase out imports of Russian gas by January 1, 2028.
Kallas said EU foreign ministers welcomed the U.S. President Donald Trump’s announcement to send more weapons to Ukraine. The EU foreign policy chief said that ministers will discuss Russian frozen assets during an informal meeting at the end of August, as member states have “very different views” on the issue.
