Critics say the decision is likely to reverberate beyond Europe’s borders and hamper its efforts to lead the global climate negotiations.
Author: Matina Stevis-Gridneff
E.U. Leaders Prepare In Case Russia Turns Off Gas Supply
The tapering of gas has forced Germany, Europe’s economic engine, to escalate its energy emergency protocol and urge residents to conserve power. The next step is rationing.
Addressing Davos, Zelensky Invites Global Businesses to Ukraine
The Ukrainian leader pledged to root out corruption to make his country more attractive to investors, and urged for tougher penalties against Moscow.
European Union Takes a Leap With a Russian Oil Embargo
The ban, once seen as unlikely, is a significant tightening of the squeeze on Russia’s economy, and a financial blow to Europe, too.
E.U. to Propose Total Ban on Russian Oil Imports
The proposal will be presented in detail to E.U. ambassadors Wednesday and is expected to be adopted by the end of the week.
Russia Cuts Gas Supplies to Poland and Bulgaria
The market reaction underscored that a dreaded moment in the war had arrived: the severe disruption of Russian natural gas exports to the E.U.
Europe Reluctantly Readies Russian Oil Embargo
Officials are drafting a phased import ban on Russian oil products, but the measure won’t be floated until after the second round of the French elections at the earliest.
E.U. Diplomats Near New Sanctions Against Russia
As part of the European Union’s proposed measures to punish Moscow, a ban on Russian coal imports would be phased in over four months, instead of three.