Tuesday, November 4, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

EU not ready to agree Russia oil ban, leaders say By Reuters

by Reuters
May 30, 2022
in Business
Reading Time: 2 mins read
A A
0
Home Business
Share on FacebookShare on Twitter


2/2

© Reuters. FILE PHOTO: European Union flags flutter exterior the EU Fee headquarters in Brussels, Belgium, January 18, 2018. REUTERS/Francois Lenoir/File Photograph

2/2

By Marine Strauss and Gabriela Baczynska

BRUSSELS (Reuters) -European Union leaders will fail to agree on a Russian oil ban at a summit on Monday and Tuesday in Brussels, leaders stated as they arrived, including that weeks of haggling over the matter weren’t over even when they have been looking forward to a deal later.

For certain, the leaders are set to agree in precept over a ban, a draft textual content confirmed, however they may depart all the main points and laborious selections for later.

“We’re not there but,” European Fee President Ursula von der Leyen stated.

Estonian Prime Minister Kaja Kallas stated it was extra real looking to anticipate an settlement subsequent month.

“I do not assume we’ll attain an settlement at this time. We’ll attempt to attain an settlement by the summit in June, that is the real looking method by now,” Kallas stated.

The following summit is scheduled for June 23-24.

Some complained harshly over the shortage of deal.

“We’re getting somewhat slowed down in the entire particulars and we’re forgetting the large image,” Latvian Prime Minister Krisjanis Karins stated.

“It is solely cash, the Ukrainians are paying with their lives,” he stated, including: “We are able to and we should assist them, if solely out of self curiosity as a result of solely when Russia is defeated can we in Europe really feel protected.”

A draft textual content seen by Reuters – which can nonetheless be revised once more – would affirm that an eventual sixth package deal of EU sanctions will embody a ban on seaborne oil imports, with pipeline oil provided to landlocked Hungary, Slovakia and the Czech Republic to be sanctioned at some later level.

Nonetheless, the leaders is not going to finalise a deal on this now however, as an alternative, they may ask diplomats and ministers to discover a resolution that might additionally guarantee honest competitors between these nonetheless getting Russian oil and people minimize off.

Belgian Prime Minister Alexander De Croo stated “these usually are not simple selections,” including: “I’ve no doubts that inside the subsequent days, the following weeks, selections will likely be taken.”

With Hungary being the principle holdout on a deal on a Russian oil ban, its prime minister, Viktor Orban, stated as he arrived on the EU summit that issues weren’t wanting good on an oil embargo.

“There isn’t any compromise for this second in any respect,” Orban stated. “We’re able to assist the package deal … if there are answers for the Hungarian power provide safety, we’ve not bought that now.”

One tangible end result of the summit ought to in any case be settlement on a package deal of EU loans price 9 billion euros ($9.7 billion), with a small part of grants to cowl a part of the curiosity, for Ukraine to maintain its authorities going and pay wages for about two months. Nonetheless, a call on the right way to increase the cash will likely be made later.



Source link

Tags: AgreeBanleadersOilReadyReutersRussia
Previous Post

What Tesla CEO Elon Musk gets wrong about ESG, according to Dave Nadig

Next Post

FDA investigates hepatitis A outbreak potentially linked to strawberries : NPR

Related Posts

India, Israel sign pact to boost defence cooperation and technology sharing

India, Israel sign pact to boost defence cooperation and technology sharing

by Euro Times
November 4, 2025
0

Defence Secretary Rajesh Kumar Singh and Director Basic of Israeli Ministry of Defence Maj Gen (Res) Amir Baram co-chair the...

Getty Images largely loses landmark UK lawsuit over AI image generator

Getty Images largely loses landmark UK lawsuit over AI image generator

by Euro Times
November 4, 2025
0

Getty Photographs largely misplaced its landmark lawsuit towards synthetic intelligence firm Stability AI over its picture generator at London's Excessive...

Castle Biosciences, Inc. (CSTL) Q3 2025 Earnings Call Transcript

Castle Biosciences, Inc. (CSTL) Q3 2025 Earnings Call Transcript

by SA Transcripts
November 4, 2025
0

Operator Good afternoon, and welcome to Fortress Biosciences' Third Quarter 2025 Convention Name. As a reminder, at the moment's name...

Tesla Sued Over Claim Faulty Doors Led To Deaths In Fiery Crash

Tesla Sued Over Claim Faulty Doors Led To Deaths In Fiery Crash

by Bloomberg News
November 3, 2025
0

Tesla’s door handles have drawn elevated consideration after a Bloomberg Information investigation uncovered a sequence of incidents during which individuals had been...

Bharti Airtel to acquire 5% more in Indus Towers, deal worth over ₹5,000 crore

Bharti Airtel to acquire 5% more in Indus Towers, deal worth over ₹5,000 crore

by Euro Times
November 3, 2025
0

Bharti Airtel clarified that the acquisition is not going to be handled as a related-party transaction. Vodafone had totally exited...

Teva jumps ahead of Q3 results

Teva jumps ahead of Q3 results

by Shiri Habib-Valdhorn
November 4, 2025
0

The share value of Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 8.1% final week on Wall Road,...

Next Post
FDA investigates hepatitis A outbreak potentially linked to strawberries : NPR

FDA investigates hepatitis A outbreak potentially linked to strawberries : NPR

These Veterans Started Businesses Inspired by Their Deployments

These Veterans Started Businesses Inspired by Their Deployments

T-Mobile customers are getting an unexpected alert that their DashPass perks are gone

T-Mobile customers are getting an unexpected alert that their DashPass perks are gone

November 4, 2025
India, Israel sign pact to boost defence cooperation and technology sharing

India, Israel sign pact to boost defence cooperation and technology sharing

November 4, 2025
Leidos Holdings, Inc. (LDOS) Q3 2025 Earnings Call Transcript

Leidos Holdings, Inc. (LDOS) Q3 2025 Earnings Call Transcript

November 4, 2025
Election Day In Trump’s America Means More Bomb Threats Against Polling Places

Election Day In Trump’s America Means More Bomb Threats Against Polling Places

November 4, 2025
How Drone & Missile Strikes Are Taking the Fight Deep Inside Russia – The Cipher Brief

How Drone & Missile Strikes Are Taking the Fight Deep Inside Russia – The Cipher Brief

November 4, 2025
A Unified Oceanic Commitment to Tsunami Preparedness — Global Issues

A Unified Oceanic Commitment to Tsunami Preparedness — Global Issues

November 4, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

T-Mobile customers are getting an unexpected alert that their DashPass perks are gone

India, Israel sign pact to boost defence cooperation and technology sharing

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In