Ukraine, the EU must decide on new sanctions on Moscow

Ukraine, the EU must decide on new sanctions on Moscow
VOLODYMYR ZELENS'KYJ ZELENSKY PRESIDENT OF UKRAINE MONSIGNOR GALLAGHER VISITS UKRAINE 7146

The ambassadors of the 27 EU states are meeting again in an attempt to find an agreement on the 21st package of sanctions against Russia, before tomorrow’s expiration of the price cap on Russian oil, now “frozen” at 44 dollars per barrel.

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The sticking point remains the restrictions on Russian gas, with Greece opposing limitations on the transport of Moscow’s liquefied natural gas (LNG) to third countries.

The risk, according to Athens and its impressive Greek shipping industry, is that as a result of the restrictions, European companies will lose business to non-European competitors. After weeks of efforts to overcome the vetoes of individual countries, a green light for the package is not guaranteed today.

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Moscow’s position

The Kremlin takes advantage of the uncertainty and reiterates that it considers the sanctions against Russia absolutely illegal.

“The so-called sanctions, I want to remind you once again, we consider them absolutely illegal from the point of view of international law,” said Kremlin spokesman Dmitry Peskov. “I don’t think we should talk about reaching the limit of sanctions. This limit does not exist, just as there is no limit to madness,” Peskov added.

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