Contents tagged with EU Council
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EU tightens sanctions: bans investors from participating in Russian asset exchange scheme
In a stern directive from the Directorate-General for Financial Stability, Financial Services, and Capital Markets Union (DG FISMA), the European Commission has prohibited individuals and legal entities from EU countries from participating in an asset exchange scheme proposed by Russia. This announcement, made on Wednesday, July 24, underscores the EU's firm stance on the involvement of Russia's National Settlement Depository (NSD), which has been on the EU's sanctions list since June 2022, …
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EU approves sanctions against eight Russians over Kerch Strait incidents
Radio Liberty’s European journalist Rikard Jozwiak wrote on Twitter that permanent representatives of the EU countries approved sanctions against eight Russian citizens because of the Kerch Strait incidents that occurred in late November. TASS and RIA Novosti also confirmed the news, citing diplomatic sources.
Jozwiak wrote, “EU ambassadors have agreed sanctions on 8 people from Russia responsible for detaining the 24 servicemen from Ukraine after the Azov Sea incident in November will be …
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European Union extends weapons embargo against Belarus
The EU has extended its arms embargo against Belarus and sanctions against four people for a year, as reported on the EU Council’s website.
“The Council decided to prolong the restrictive measures against Belarus for one year, until 28 February 2020. These measures include an embargo on arms and on equipment that could be used for internal repression as well as an asset freeze and travel ban against four people designated in connection with the unresolved disappearances of two opposition …
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Ukrainian Foreign Minister to discuss the Azov Sea crisis with the EU Council
On December 10, 2018, Ukrainian Foreign Minister Pavlo Klimkin will attend a working meeting in Brussels, during which he will discuss with the Foreign Ministers of the EU countries the escalation of the situation in the Sea of Azov and the Kerch Strait, RBC-Ukraine reported, citing the press service of the Ukrainian Foreign Ministry.
The possible escalation of the Kerch Strait situation has been added to the EU Council’s meeting agenda on foreign affairs. Klimkin will visit Brussels at the …
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EU extends sanctions against Russia ahead of Putin and Trump meeting
The European Union has extended economic sanctions against Russia for another six months, according to a corresponding decision published on the European Council website.
Rikard Jozwiak, a Brussels correspondent of Radio Liberty, reported earlier that preparation for this decision was under way.
“The EU has prolonged its economic sanctions against Russia by six months,” Jozwiak wrote. “The decision will be published in the EU official journal on Monday, a week before the Helsinki meeting …
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EU Council approves 1 billion euros of macro-financial assistance for Ukraine
The Permanent Representatives Committee of the EU countries (COREPER), on behalf of the EU Council, approved an allocation of the fourth program of micro-financial assistance of one billion euro for Ukraine, as reported on the website of the EU Council.
"On May 29, 2018, EU ambassadors endorsed, on behalf of the Council, an agreement with the European Parliament on a new package of macro-financial assistance for Ukraine. A further €1 billion in loans will cover Ukraine’s financing needs over a …
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The EU extends embargo on arms exports to Belarus
The Council of the European Union officially extended the sanctions against Belarus for arms sales and exports of goods that could be used for internal repression. It also extended an entry ban to four people.
As stated in the decision published on February 23 on the website of the EU Council, which was adopted the day before, the sanctions were extended for another year, until February 28, 2019.
"These measures include an embargo on the supply of weapons, a ban on the export of means that …