EU leaders reach agreement 'in principle' on Russia oil embargo - Von der Leyen - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

European Union leaders agreed to cut 90% of oil imports from Russia by the end of this year, European Commission chief Ursula Von der Leyen said early on Tuesday.

“I am very glad that the leaders were able to agree in principle on the sixth sanctions package . This is very important,” she said.

“We have agreed that the Council will revert to the topic as soon as possible in one way or the other. So, this is a topic where we will come back to and where we will still have to work on, but this is a big step forward, what we did today,” she said. The EU has rolled out five rounds of sanctions since Russia invaded Ukraine in February, demonstrating uncharacteristic speed and unity given the complexity of the measures.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It is just arrogance and egos, EU will suffer they know for a fact that they need Russian to survive 40% of its guess comes from Russia etc.

Then European will suffer.

Excellent decision.

They can't afford that especially those economically small EU countries, any disruption will wreak havoc for them and their people. Soon there will be a rise in economic protests in the EU when the effects of the war really hit everyone.

More struggle is coming for them

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Russia to settle eurobond debt in mirror of EU payments for gasRussia is constructing a way to pay its Eurobond debt that would sidestep the western financial infrastructure, now mostly off-limits because of the Ukraine war, Finance Minister Anton Siluanov was cited as saying in an interview with Vedomosti.
Source: dailymaverick - 🏆 3. / 84 Read more »