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Hungary

Ukraine's collapse would be a disaster for Hungary, says Orbán

The Hungarian Prime Minister said Hungary must help to prevent the collapse of Ukraine or order to "value its own piece of land."

Hungary

Hungary Orbán slams Brussels over Russian assets freeze

The Hungarian prime minister strongly condemned a move by the EU to indefinitely immobilise Russian Central Bank assets, widely seen as a way of circumventing a Hungarian veto.

Ukraine

Ukrainian drones reportedly hit another Russian shadow fleet vessel

Sources at Ukraine’s security service claim the Dashan tanker had received "critical damage" after it got hit by sea drones in Black Sea off Crimea’s coast.

Turkey

Turkish shipping company halts Russia operations after tanker attack

Following an attack on its vessel Mersin, Istanbul-based Besiktas Shipping has stopped all operations with Russia, citing unacceptable security risks.

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Serbia

US denies operating license to Serbia's Russian-owned oil refinery

Serbia must halt operations at its NIS oil refinery after Washington denied its license, risking the nation's fuel supply, according to President Vučić.

Markets

Could the EU’s frozen-assets plan destabilise European bond markets?

EU plans to use frozen Russian assets to help Ukraine have prompted warnings that the move could push up government borrowing costs. But experts told Euronews Business that any impact on European debt markets is likely to be limited.

The Cube

Does the EU import more from Russia than it gives Ukraine in aid?

Sweden's foreign minister claimed last week that Europe has imported more from Russia during the war than it has spent supporting Ukraine. A review of the numbers suggests she is right.

Economy

Trump is open to sanctioning countries doing business with Russia

US lawmakers are drafting a bill that would sanction countries purchasing Russian oil and gas, aiming to choke off Moscow’s primary revenue stream as peace negotiations remain stalled.

Business

Russia clears Citigroup exit as Moscow keeps pressure on foreign firms

A presidential order allowing Citigroup to sell its Russian unit to Renaissance Capital underscores Moscow’s control over foreign asset sales as Western lenders continue their slow retreat.

Europe News

EU tightens multiple-entry Schengen visa rules for Russian citizens

The European Commission claims Moscow's war of agression against neighbouring Ukraine has altered the risks linked to Russian visa applicants.

Economy

Orbán to press Trump for break on Russia oil sanctions

The Hungarian Prime Minister says dropping Russian oil would result in economic collapse, as Hungary imports more than four-fifths of its crude oil from Russia.

Economy

How long can the Russian economy continue to fund the frontline?

The Russian economy is balancing on the edge of recession, yet the war could go on for years. Its financing appears to have no immediate major obstacles, according to experts.

Markets

Oil prices surge as US sanctions suffocate Russian oil flows

Fresh US measures against Russian energy giants are tightening the seaborne supply of oil, pushing Brent higher as traders price in risk.

Europe News

EU and US impose new sanctions on Russia to force ceasefire in Ukraine

The Trump administration has imposed sanctions on Russian energy majors for the first time, citing Moscow's "lack of serious commitment to a peace process to end the war". In parallel, the EU also adopted fresh sanctions.

Europe News

Can Putin, under sanctions and an arrest warrant, enter the EU?

Applicable EU sanctions and an outstanding arrest warrant cast doubt over Vladimir Putin's ability to fly to Budapest and meet Donald Trump.

Europe News

Fico vetoes EU sanctions on Russia again and asks for new concessions

Slovakia and Austria have emerged as the remaining obstacles blocking a deal on a new round of EU sanctions against Russia.

Europe News

EU envoy calls on the US to rejoin the West on Russian sanctions

David O'Sullivan, the EU's sanctions envoy, told Euronews he hopes the US will return to a policy of applying new sanctions against Russia.

Europe News

EU breaks taboo with first-ever sanctions on Russian LNG

The new package of EU sanctions on Russia contains the first-ever ban on imports of liquefied natural gas. "This will make this phase out of Russian gas in Europe much faster," Commissioner Dan Jørgensen told Euronews.

Europe News

EU prolongs sanctions on Russian individuals, keeping blacklist intact

The blacklist of individuals and entities accused of propping up Russia's war on Ukraine has been renewed for six months without changes.

Europe News

EU court annuls Council’s Pumpyanskiy sanctions decision again

The EU Council listed the former Russian businessman on the basis of executive positions he no longer held at the time of the sanctions decision. The court says that's unjustified.

Stay up to date with the latest on EU sanctions against Russia over its invasion of Ukraine.