Latest news with #RussianGas
Bloomberg
17-07-2025
- Business
- Bloomberg
Slovakia Lifts Block on Russia Sanctions, Accepts EU Guarantees
Slovakia accepted guarantees from the European Union's executive arm to limit the fallout from a planned cutoff of Russian gas supplies and, in exchange, will lift its veto on the bloc's 18th sanctions package against Moscow. While Slovakia did not oppose the sanctions themselves, it had been blocking the adoption of the latest EU package since June, demanding that the European Commission first provide assurances to offset the potential impact of a separate proposal to halt Russian gas imports.
Bloomberg
12-07-2025
- Business
- Bloomberg
Slovakia Seeks Deal on Russian Gas and Sanctions by Tuesday
Slovakia aims to reach a solution on guarantees against the impact of a planned halt in Russian gas imports — a condition for backing the European Union's 18th sanctions package against Moscow — by Tuesday, Prime Minister Robert Fico said on Saturday. Fico said he discussed the issue with German Chancellor Friedrich Merz on Saturday morning, describing the talks as 'extremely tough.'
Yahoo
12-07-2025
- Business
- Yahoo
Slovakia aims for agreement by Tuesday on end of Russian gas supplies, sanctions
PRAGUE (Reuters) -Slovakia aims to reach an agreement with the European Commission and EU partners by Tuesday on guarantees it will not suffer from the end of Russian gas supplies and on a new sanctions package against Russia, Prime Minister Robert Fico said on Saturday. Slovakia has been blocking the EU's 18th sanctions package over its disagreement with a separate Commission proposal to end all imports of Russian gas from 2028, which Slovakia argues could cause shortages, a rise in prices and transit fees, and lead to damage claims from Russian supplier Gazprom. "We need to win something in this fight, though it will not be a 100-0 result," Fico said. "We want political commitments, guarantees from partners and the Commission that this problem will not remain only on Slovakia's back." Fico said it was not clear at this point if a deal would be reached as some issues were still outstanding. Fico said one topic under discussion was capping the transit fees that Slovakia would have to pay for alternative routes for non-Russian gas. Slovakia gets the majority of its gas from Gazprom under a long-term deal valid until 2034 for about 3.5 billion cubic metres of gas per year. Since Ukraine stopped Russian gas from transiting through its pipelines at the end of 2024, Slovakia has taken some gas through the Turkstream pipeline and Hungary. The Commission's proposal to end Russian energy imports from 2028 requires the backing of the majority of EU states, but not unanimity. However, sanctions against Russia need unanimity, therefore Slovakia merged the two issues and has refused to back the sanctions package until its concerns over energy are satisfied. The European Commission on June 10 proposed a new round of sanctions over Russia's invasion of Ukraine more than three years ago, targeting Moscow's energy revenues, banks and military industry. The sanctions package -- which in itself is not a problem for Slovakia, Fico said -- could be approved by the EU's foreign ministers on Tuesday if Slovakia lifts its opposition. Fico said he discussed Slovakia's concerns with Polish Prime Minister Donald Tusk on Friday and German Chancellor Friedrich Merz on Saturday, but did not give details.
Bloomberg
12-07-2025
- Business
- Bloomberg
Slovakia Seeks Solution on Russian Gas and Sanctions by Tuesday
Slovakia aims to reach a solution on guarantees against the impact of a planned halt in Russian gas imports — a condition for backing the European Union's 18th sanctions package against Moscow — by Tuesday, Prime Minister Robert Fico said on Saturday. Fico discussed the issue with German Chancellor Friedrich Merz on Saturday morning, the Slovakian premier told reporters in Bratislava, characterizing the talks as 'extremely tough.'
Reuters
12-07-2025
- Business
- Reuters
Slovakia aims for agreement by Tuesday on end of Russian gas supplies, sanctions
PRAGUE, July 12 (Reuters) - Slovakia aims to reach an agreement with the European Commission and EU partners by Tuesday on guarantees it will not suffer from the end of Russian gas supplies and on a new sanctions package against Russia, Prime Minister Robert Fico said on Saturday. Slovakia has been blocking the 18th sanctions package over its disagreement with a separate Commission proposal to end all imports of Russian gas from 2028, which Slovakia argues could cause shortages, a rise in prices and transit fees, and damage claims from Russian supplier Gazprom ( opens new tab.
