The EU permanent representatives are to discuss, on 18 July, the European Commission’s proposals for a new package of sanctions against Russia. The package introduces a new import ban on Russian gold, while reinforcing the EU’s dual use and advanced technology export controls. The list of natural and legal persons subject to financial sanctions who are banned from travelling to the EU is also being extended.
“Sanctions require strategic patience because it may take a long time for them to have the desired effect,” Josep Borrell, High Representative of the European Union for Foreign Affairs and Security Policy and Vice-President of the European Commission wrote in his blog.
German chancellor Olaf Scholz stated, in an article for Frankfurter Allgemeine newspaper that Russia's war in Ukraine has made European unity more urgent and raised the need for an end to “selfish blockades” of European decisions by individual states. “We simply can no longer afford national vetoes, for example in foreign policy, if we want to continue to be heard in a world of competing great powers,” Olaf Scholz stated, and urged Germans to prepare for further difficulties due to sanctions against Russia, as it is necessary to stop the Russian dictator Vladimir Putin “with its neo-colonial” course.
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone. Earlier, MEPs in Strasbourg had adopted the report supporting Bulgaria’s admission to the euro area...
A second ship carrying pipes for the Vertical Gas Corridor project, which will connect Greece and Romania, has arrived at the Port of Burgas. Energy Minister Zhecho Stankov oversaw the delivery. "These 2,526 pipes from India..
Before approving Bulgaria's accession to the eurozone by an absolute majority, the European Parliament in Strasbourg rejected a request by a Vazrazhdane MEP for the vote to be postponed. The request was tabled by Rada Laykova, a member of the Europe..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of..
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions,..
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