Title Ad

nordvpn
Search our Knowledgebase

RUSSIA SANCTIONS: EU fails to agree revised sanctions against Russia

EU fails to agree revised sanctions against Russia - Analysis
Posted By Iain Fraser - Consultant Geopolitical Matters
GEOPoliticalMatters.com

BLOOMBERG has reported that the European Union (EU) has failed to agree on a revised package of sanctions invoked after Russia´s illegal invasion. It is reported that  Hungary is so far refusing to back a compromise despite proposals aimed at ensuring its Russian oil supplies. EU ambassadors are scheduled to meet again today (Monday, 30 May 2022) but the lack of a deal means that sanctions could be a prime topic at the union´s two-day meeting. 

Countdown to crisis

Russia is currently constructing a new way to pay its Eurobond debt that would sidestep the western financial infrastructure, now mostly off-limits. To facilitate this foreign investors have been told to open accounts at Russian banks in rubles and hard currency - a transpose of the existing methodology enabled and how European nations currently pay for Russian gas, of course enabling Russia to by-pass sanctions. Learn More - Register Free to receive our full analysis direct to your inbox or smart device. 


Daily Geopolitical News





Post a Comment

0 Comments
* Please Don't Spam Here. All the Comments are Reviewed by Admin.

Top Post Ad

Blockchain Council

Below Post Ad

Microsoft365 for Business

GEO´ RECOMMENDS MICROSOFT 365

Microsoft365 for Business