Deputy Energy Editor, EMEA
Barbara's Feed
Aug 12, 2014

Ukraine moves towards passing law for sanctions against Russia

KIEV/BRUSSELS, Aug 12 (Reuters) – Ukraine’s parliament
backed the first reading of a bill to impose sanctions on
Russian companies and individuals on Tuesday, a move that has
raised concerns in Europe about energy supplies from Russia.

Ukraine’s Prime Minister Arseny Yatseniuk said last week
that the sanctions could be imposed against 172 citizens of
Russia and other countries and against 65 Russian companies,
including gas export giant Gazprom, “for financing
terrorism”.

Aug 11, 2014

Peach, nectarine growers to get EU help after Russian ban

BRUSSELS, Aug 11 (Reuters) – The European Commission will
provide financial support to EU peach and nectarine producers as
a result of Russia’s import ban on European food and also
because of bad weather, it said on Monday.

Russia announced a one-year ban last week on imports of
meat, fish, dairy, fruit and vegetables from the United States,
the European Union, Canada, Australia and Norway.

Aug 11, 2014

EU officials seek to limit impact of Russia’s food import ban

BRUSSELS, Aug 11 (Reuters) – European Union regulators on
Monday began analysing product-by-product the impact of a
Russian ban on EU food imports announced in retaliation for
Western sanctions over Moscow’s actions in Ukraine.

But they said it was too soon to decide how much, if any, of
a 400 million euro ($535 million) EU compensation fund might be
paid out to help farmers.

Aug 6, 2014

NATO fears ground invasion as Russia masses troops on Ukraine border

BRUSSELS/DONETSK Ukraine (Reuters) – Russia has massed around 20,000 combat-ready troops on Ukraine’s border and could use the pretext of a humanitarian mission to invade, NATO said on Wednesday, its starkest warning yet that Moscow could soon mount a ground assault against its neighbor.

With fighting escalating and rebels losing ground in the weeks since a Malaysian airliner was shot down over separatist-held territory, Russia has announced military exercises this week in the border region.

Jul 31, 2014

EU adopts toughest Russian sanctions yet, targets 5 Russian banks

BRUSSELS, July 31 (Reuters) – The European Union has
published a law that will curb arms sales to Russia and to cut
off financing for five major Russian banks over Moscow’s support
for rebels in Ukraine.

Russia has denounced the measures, agreed by the 28 EU
member states on Tuesday, as “destructive and short-sighted”,
while fighting has intensified in eastern Ukraine between Kiev
forces and the pro-Russian separatists.

Jul 31, 2014

EU adopts toughest Russian sanctions yet

BRUSSELS, July 31 (Reuters) – The European Union formally
adopted sanctions on Thursday curbing arms sales to Russia and
cutting off financing for targeted banks over Moscow’s support
for rebels in Ukraine.

Russia has denounced the measures, agreed by the 28 EU
member states on Tuesday, as “destructive and short-sighted”,
while fighting has intensified in eastern Ukraine between Kiev
forces and the pro-Russian separatists.

Jul 30, 2014

EU names 8 Russians, three firms subject to asset freeze

BRUSSELS (Reuters) – The European Commission published the names of eight Russians, including some of President Vladimir Putin’s associates, and three companies which will have their assets frozen as part of sanctions against Russia’s actions in eastern Ukraine.

The people on the list include Arkady Rotenberg who is Putin’s long-time judo partner, and already on a U.S. sanctions list since March.

Jul 30, 2014

Russian bank subsidiaries in EU to escape sanctions: sources

VIENNA/BRUSSELS (Reuters) – Russian bank subsidiaries based in the European Union will be exempt from EU economic sanctions designed to choke off finance for big state-owned Russian lenders, sources familiar with the discussions told Reuters on Wednesday.

These sources said the exemption, which EU officials said they would monitor closely to avoid abuse, meant Sberbank and VTB subsidiaries could operate normally within EU member states.

Jul 29, 2014

EU agrees economic sanctions on Russia

BRUSSELS, July 29 (Reuters) – The European Union reached
agreement on Tuesday on the bloc’s first broad economic
sanctions on Russia over its role in Ukraine, diplomats said,
marking a new phase in the biggest confrontation between Moscow
and the West since the Cold War.

The measures will shut state-owned Russian banks out of
European capital markets and target the defence sector and
sensitive technologies, including oil, but exclude the vital gas
sector, on which Europe is heavily dependent.

Jul 29, 2014

EU meets to thrash out economic sanctions on Russia

BRUSSELS (Reuters) – EU diplomats met to forge a deal on Tuesday on the bloc’s first broad economic sanctions on Russia, to try to force President Vladimir Putin to defuse the crisis in Ukraine.

After months of hesitation from the European Union, the downing of a civilian flight over Ukraine earlier this month, killing all 298 people on board, has strengthened the bloc’s resolve to act and bear the brunt of any possible economic measures against Russia.