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Money

Russia bets on digital ruble to fend off Western sanctions

Moscow said it should be able to make international payments with the digital ruble by next year.

Germany

Ex-chancellor Gerhard Schröder quits Russian energy giant Rosneft

Schröder has been under pressure for weeks over his ties to Russia's energy industry amid the war in Ukraine.

Europe News

MEPs demand sanctions on Schröder over his ties with Russian firms

Gerhard Schröder still holds positions at Rosneft, Russia's leading oil company, and Nord Stream AG.

Europe News

Talks on an EU-wide Russian oil ban could drag on until end of May

Hungary, Slovakia, Bulgaria and the Czech Republic are against the timeline of banning Russian oil imports by the end of the year.

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Europe Decoded

A week on, the EU appears no closer to a Russian oil embargo

Unlike other rounds of sanctions against Moscow approved swiftly by member states, these talks have been slow and optimism is diminishing.

Money

Ukraine war: What more could the US do to tighten sanctions on Russia?

The EU is proposing a new package of sanctions on Russia, including an oil embargo. Where does that leave its Western allies?

Europe Decoded

Orban criticises EU plans to sanction head of Russian Orthodox Church

Patriarch Kirill's support of Putin and the war has already drawn condemnation with Pope Francis warning him not to become "Putin's altar boy".

Fiji

US announces seizure of Russian oligarch's superyacht in Fiji

A judge in Fiji earlier in the week permitted U.S. authorities to seize the yacht Amadea.

Sport

UEFA imposes more sanctions on Russian teams over war in Ukraine

Portugal will now replace Russia at the Women's European Championships this summer.

Europe News

Any EU state could be next victim of Russian energy cuts — Commission

The European Commission is due to publish proposals on a potential Russian oil embargo, following a meeting of energy ministers in Brussels.

Europe News

Europe's week: War in Ukraine continues to dominate

Diplomacy and war persisted in keeping Brussels busy.

Fiji

Confusion over which Russian oligarch owns Fiji luxury yacht

A judge in the capital Suva must rule between two different oligarchs to determine whether the yacht can be seized — as only one of them is subject to sanctions.

Russia

Russian economy suffers sanctions blow despite Kremlin's denial

A closer look shows that the sanctions are taking a bite out of Russia’s economy, which is expected to contract at least 15% this year.

Money

EU sees a way to pay for Russian gas without breaching war sanctions

Russian president Vladimir Putin had decreed in March that all payments for oil and gas must be made in roubles after the West imposed sanctions.

The Cube

The online misinformation spreading ahead of France's election runoff

False rumours about Russian sanctions, the 'Yellow Vest' protests and climate change policies have gone viral.

Money

Could Russia's frozen assets cover the rebuilding of war-torn Ukraine?

Financial aid sent by the US and Europe is "only the beginning of what Ukraine will need to rebuild," US Treasury Secretary Janet Yellen has warned.

Money

Cryptocurrency miner becomes the latest target in Russian sanctions

Officials are concerned that Russia may be using cryptocurrency to avoid pain from the avalanche of sanctions imposed on banks, oligarchs and the energy industry.

Germany

German government under increasing pressure over stance on Ukraine

Euronews' Kate Brady in Berlin reports on the criticism of Chancellor Olaf Scholz's government which is showing some reluctance to supply Kyiv with arms.

Economy

German employers and unions unite to oppose EU Russian gas boycott

German bosses and unions have opposed a ban on Russian gas imports by the EU, claiming it will cause job losses and factory closures.

Europe News

Euroviews. Sanctions on Russian oil would have 'direct impact' on war: Ukraine

The Ukrainian trade representative said oil exports make up nearly a third of Moscow's revenues.