BRUSSELS (Reuters) – European Union leaders will work to block loans for new projects in Russia by two multilateral lenders and broaden the scope of other sanctions in response to Moscow’s actions in Ukraine, according to a draft statement seen by Reuters on Wednesday.
The EU leaders, who meet in Brussels later on Wednesday, will step up sanctions because pro-Russian rebels in eastern Ukraine have not met their demands to end the violence there, the draft statement said.
BRUSSELS, July 16 (Reuters) – The European Commission is
considering an energy saving goal for 2030 of less than 30
percent, according to a document seen by Reuters, setting it at
odds with designated Commission President Jean-Claude Juncker.
How ambitious an energy efficiency goal the European Union
should set has taken on increased urgency in the context of the
Ukraine crisis because using less energy would curb the EU’s
reliance on Russian gas.
SOFIA/BRUSSELS, July 6 (Reuters) – Bulgaria, one of five EU
states that depend totally on Russia for nuclear fuel, is set to
take a step towards diversifying its suppliers when Westinghouse
Electric Company buys a stake in a state-controlled firm
building new atomic units.
Westinghouse, the world’s largest nuclear fuel producer and
part of Japan’s Toshiba group, has concluded talks with
the Balkan country to take a 30 percent stake in Kozloduy NPP –
New Build, which is building new units at the Kozloduy nuclear
site in Bulgaria.
BRUSSELS, July 3 (Reuters) – EU authorities are negotiating
with the German government to try to make its new green energy
law compatible with European Union legislation and a solution is
possible this month, the bloc’s competition chief said on
A ruling from the EU’s highest court on Tuesday raised hopes
in Germany that the revamped renewables legislation – which
shelters the country’s heavy industry from the cost of funding
green energy – was already in line with EU law.
BRUSSELS, June 27 (Reuters) – A new French strategy on how
to offset the economic impact of proposed 2030 climate and
energy goals could help EU leaders to agree on them later this
year, diplomats said on the sidelines of a meeting of European
leaders in Brussels on Friday.
Coal-dependent Poland has led opposition to an early deal on
a suggested 40 percent cut in greenhouse gas emissions compared
with 1990 levels, which the European Commission, the EU
executive, has suggested as the EU negotiating stance ahead of
talks on a new global agreement on climate change.
BRUSSELS, June 26 (Reuters) – European Union leaders will
urge Russia on Friday to stop the flow of weapons and militants
across its border with Ukraine and will threaten tougher
sanctions, according to a draft statement seen by Reuters.
EU officials said it was unlikely however that the leaders
would actually give the go-ahead to new sanctions at the summit,
when they will be briefed by Ukrainian President Petro
BRUSSELS/PARIS, June 26 (Reuters) – Russia’s cut in gas
supplies to Ukraine has driven European Union leaders to debate
how to bridge the gaps in Europe’s grid urgently, replacing
decades of fragmentation with a single, united energy market.
EU policymakers have long dreamed of matching economic union
with energy union, in which power and gas flow freely from
Amsterdam to Athens.
BRUSSELS, June 25 (Reuters) – The European Union’s top
negotiator in the gas price row between Ukraine and Russia said
on Wednesday he would call Moscow as soon as possible to try to
get both sides back to talks and Ukraine meanwhile should fill
up its gas storage.
The row over how much Ukraine should be paying Russia for
its gas is unresolved after more than a month of talks brokered
by EU Energy Commissioner Guenther Oettinger.
BRUSSELS, June 23 (Reuters) – Europe’s best chance of
standing up to the supply insecurity caused by the
Russia-Ukraine conflict is a close-knit energy union to thwart
Moscow’s divide and rule strategy, a draft document laying out
the next five years of EU energy policy says.
A week ago, Russia cut off gas to Ukraine because of a row
over pricing and unpaid bills.
BRUSSELS (Reuters) – Non-EU nation Norway will only help the European Union with any supply crisis caused by the Russia-Ukraine gas price dispute if it makes commercial sense, officials told a meeting called in Brussels on Friday to address energy security.
Ukraine, which also attended the meeting of the EU gas coordination group, promised it would ensure “continued and undisturbed transport of gas”.