European leaders fail to agree on latest package of Russian sanctions
Update:
Date: 2025-06-27T07:48:38.000Z
Title: Morning opening: EU fails to agree on sanctions
Content: European leaders failed to agree on the latest, 18th, package of sanctions at last night's European Council meeting in Brussels, with Hungary and Slovakia holding firm in their opposition to the proposed measures.
In particular, they opposed a separate EU proposal on phasing out Russian energy imports.
Hungarian prime minister Viktor Orbán said overnight that the two countries were 'one team,' as he insisted 'we cannot accept the EU proposal that we should not buy Russian oil and gas any more.'
Overnight, Russia reportedly fired over 350 drones and eight missiles towards Ukraine, mostly targeting the small western city of Starokostiantyniv, home to an important Ukrainian airbase.
But the EU leaders agreed on their approach to the upcoming trade negotiations with the US, with European Commission president Ursula von der Leyen declaring:
'Our message today is clear, we are ready for a deal.'
But then she cautioned:
'At the same time, we are preparing for the possibility that no satisfactory agreement is reached … and we will defend the European interest as needed. In short, all options remain on the table.'
Let's see what's the fallout from last night's summit, and what happens elsewhere as Hungary prepares for Budapest Pride march, the Bezos wedding weekend continues in Venice.
I will bring you all the latest updates from across Europe.
It's Friday, 27 June 2025, it's Jakub Krupa here, and this is Europe Live.
Good morning.
Update:
Date: 2025-06-27T07:48:42.000Z
Title: Why EU failed to agree on Russia sanctions
Content: Did they or didn't they? EU leaders, in the end, didn't manage to agree on the latest proposed sanctions against Russia, as Slovakia and Hungary continue to block a deal.
The measures, the 18th round of sanctions against Russia, since the full-scale invasion of February 2022 cover energy, banking and Russia's shadow fleet.
EU diplomats regard them as the toughest for some time, although a proposed lowering of the oil price cap to 45$ a barrel looks in doubt, because of US opposition.
Slovakia and Hungary are blocking the sanctions, in protest over a separate plan from the European Commission to phase out Russian fossil fuels by 2028.
The two central European countriess secured an exemption on a Russian oil import embargo in March 2023 that allowed them to continue to be supplied via the Soviet-era Druzhba pipeline.
For Slovakia the main problem is gas. It is seeking guarantees that breaking contracts with Gazprom won't mean energy companies have to pay massive damages. The Slovak government also says it is worried about consumer bills.
At a press conference in the early hours of Friday, von der Leyen insisted it was on track, without referring directly to either country.
'We should be in a position to have an agreed package soon.'
Update:
Date: 2025-06-27T07:46:59.000Z
Title: Morning opening: EU fails to agree on sanctions
Content: European leaders failed to agree on the latest, 18th, package of sanctions at last night's European Council meeting in Brussels, with Hungary and Slovakia holding firm in their opposition to the proposed measures.
In particular, they opposed a separate EU proposal on phasing out Russian energy imports.
Hungarian prime minister Viktor Orbán said overnight that the two countries were 'one team,' as he insisted 'we cannot accept the EU proposal that we should not buy Russian oil and gas any more.'
Overnight, Russia reportedly fired over 350 drones and eight missiles towards Ukraine, mostly targeting the small western city of Starokostiantyniv, home to an important Ukrainian airbase.
But the EU leaders agreed on their approach to the upcoming trade negotiations with the US, with European Commission president Ursula von der Leyen declaring:
'Our message today is clear, we are ready for a deal.'
But then she cautioned:
'At the same time, we are preparing for the possibility that no satisfactory agreement is reached … and we will defend the European interest as needed. In short, all options remain on the table.'
Let's see what's the fallout from last night's summit, and what happens elsewhere as Hungary prepares for Budapest Pride march, the Bezos wedding weekend continues in Venice.
I will bring you all the latest updates from across Europe.
It's Friday, 27 June 2025, it's Jakub Krupa here, and this is Europe Live.
Good morning.
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