Skip to content
Eastern Europe Journal

Eastern Europe Journal

All about Sports, Politics, Business News

  • Home
  • Business
  • News
  • Politics
  • Sports
  • Technology
  • Home
  • Politics
  • EU considers more funds for east Europe in bid for deal on Russia oil ban
  • Politics

EU considers more funds for east Europe in bid for deal on Russia oil ban

Eastern Europe Journal 3 years ago

The European Commission is considering offering landlocked eastern European Union states more money to upgrade oil infrastructure in a bid to convince them to agree to an embargo on Russian oil, an EU source told Reuters on Monday.

The measures are part of a wider package of new sanctions against Russia for its invasion of Ukraine, but the adoption of the legal text still needs an agreement on the size of the investment, the source said, adding another sticking point was Cyprus’s concerns about a proposed ban on the sale of real estate to Russians. Horse trading after the Commission put forward its original sanctions document last week has delayed approval, and the text has already been revised once to try to win over sceptics.

Its third version, which is currently being drafted, is likely to drop a ban for EU tankers to carry Russian oil, the source said, after pressure from Greece, Cyprus and Malta. EU companies would, however, be prevented from offering insurance and other financial services for the transport of Russian oil worldwide.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Tags: ban Bid considers deal East Europe funds oil Russia

Continue Reading

Previous: Who won the World Cup in 1978?
Next: NIX United Extends Its Presence in Europe With a New Office

Related Stories

JD Vance says he would be shocked if Trump wanted nuclear weapons in East Europe JD Vance says he would be shocked if Trump wanted nuclear weapons in East Europe
  • Politics

JD Vance says he would be shocked if Trump wanted nuclear weapons in East Europe

Eastern Europe Journal 2 weeks ago
Western Influence Growing in East Europe Western Influence Growing in East Europe
  • Politics

Western Influence Growing in East Europe

Eastern Europe Journal 11 months ago
The European Human Rights Database for South East Europe The European Human Rights Database for South East Europe
  • Politics

The European Human Rights Database for South East Europe

Eastern Europe Journal 12 months ago
Conference in Barcelona: The EU and South East Europe in 2008 Conference in Barcelona: The EU and South East Europe in 2008
  • Politics

Conference in Barcelona: The EU and South East Europe in 2008

Eastern Europe Journal 12 months ago
What President Murmu Said On India Middle East Europe Economic Corridor What President Murmu Said On India Middle East Europe Economic Corridor
  • Politics

What President Murmu Said On India Middle East Europe Economic Corridor

Eastern Europe Journal 1 year ago
International Communications Academy in South East Europe International Communications Academy in South East Europe
  • Politics

International Communications Academy in South East Europe

Eastern Europe Journal 1 year ago

Express Posts

East Europe Ka Ranveer Allahbadia … and other memes go viral after Donald Trump and Volodymyr Zelensky’s public spat East Europe Ka Ranveer Allahbadia … and other memes go viral after Donald Trump and Volodymyr Zelensky’s public spat
  • Technology

East Europe Ka Ranveer Allahbadia … and other memes go viral after Donald Trump and Volodymyr Zelensky’s public spat

Eastern Europe Journal 5 days ago
A notable confrontation unfolded in the Oval Office between former US President Donald Trump and Ukrainian President Volodymyr Zelensky on February 28. Last week saw... Read More
Advancing carbon capture and storage technologies across Europe Advancing carbon capture and storage technologies across Europe
  • Technology

Advancing carbon capture and storage technologies across Europe

Allegro Makes  Billion East Europe Expansion to Rebuff Amazon Allegro Makes $1 Billion East Europe Expansion to Rebuff Amazon
  • Technology

Allegro Makes $1 Billion East Europe Expansion to Rebuff Amazon

Bulgaria | OECD Bulgaria | OECD
  • Technology

Bulgaria | OECD

Nokia and UG to Deploy Fibre Services Across South East Europe Nokia and UG to Deploy Fibre Services Across South East Europe
  • Technology

Nokia and UG to Deploy Fibre Services Across South East Europe

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us
Copyright © Easterneuropejournal.com All rights reserved.