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EU nation won't back new Russia sanctions

EU nation won't back new Russia sanctions

Russia Todaya day ago

Slovakia will not support the EU's new package of sanctions against Russia, Prime Minister Robert Fico has said. In a Facebook post on Tuesday, Fico warned that the proposed restrictions from Brussels could plunge his country into an energy crisis.
The European Commission unveiled its 18th sanctions package targeting Russia on Tuesday, focusing on energy exports, infrastructure, and financial institutions. The measures, pitched as pressure on Moscow to end the Ukraine conflict, include lowering the price cap on Russian oil from $60 to $45 per barrel, banning future use of the damaged Nord Stream pipeline, restricting imports of refined products based on Russian crude, and sanctioning 77 vessels allegedly part of a Russian 'shadow fleet,' which Brussels claims is used to circumvent oil trade bans. The package must be approved unanimously by all 27 EU member states to take effect.
'The Slovak Republic will not support the upcoming 18th sanctions package against the Russian Federation,' Fico wrote. He added that Bratislava could reconsider if Brussels offers 'a real solution to the crisis' that Slovakia would face from losing Russian energy supplies.
Slovakia has implemented all EU sanctions on Russia since the Ukraine conflict escalated in 2022. However, Fico has consistently opposed the measures since returning to office in 2023, arguing they 'are not working' and hurt EU member states more than they affect Moscow. Last week, the Slovak parliament passed a resolution prohibiting government representatives from supporting new international sanctions against Russia, citing economic harm to Slovakia's industry and population. While Slovak President Peter Pellegrini has the authority to veto the resolution, it is binding under Slovak law, requiring Fico to vote against the new sanctions in Brussels.
Russia has dismissed Western sanctions as illegitimate and counterproductive. President Vladimir Putin has said lifting sanctions is one of Moscow's conditions for settling the Ukraine conflict. Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF) and a presidential investment envoy, stated that the EU's push for more sanctions is politically motivated and aimed at prolonging the conflict.

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