“According to an informed source of “European Truth” Ambassadors of the EU on Friday, they agreed to continue a number of EU sanctions against Russia after they managed to agree with Hungary. Source: “European Truth” details: According to the interlocutor, the decision was made under a written procedure.”, – WRITE: www.pravda.com.ua
Source: “European Truth”
Details: According to the interlocutor, the decision was made under a written procedure. The sanctions will then be extended for six months, until September 15, 2025.
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Who is discussed is not known for sure. The EU Council will later inform about it.
According to FT, Hungary allegedly insisted on exclusion from the EU sanctions of the Russian oligarch Michael Friedman. Luxembourg also supported the same position, the sources of Bloomberg say, but in the end it will remain under sanctions.
Sleeping sanctions could actually thaw up to 30% of the total amount of frozen assets of the Russian Federation. It was estimated that approximately 60 billion euros of thawed funds or somewhat more.
Details in the article: Orban breaks sanctions. How Hungary’s veto can “defrost” a third of Russian assets in the EU