Germany pledges quick decision on first heavy arms delivery to Ukraine

BERLIN, April 25 (Reuters) – Germany will decide soon on whether to approve the delivery of 100 old Marder infantry fighting vehicles to Ukraine, a government spokesperson said on Monday, in what would be the first German heavy weapons shipment to Ukraine. German defense company Rheinmetall (RHMG.DE) has requested approval to export the vehicles to … Read more

​EU says pay for Russian gas in euros to avoid breaching sanctions

European Union flags fly outside the European Commission headquarters in Brussels, Belgium, April 10, 2019. REUTERS/Yves Herman/File Photo Register now for FREE unlimited access to Register BRUSSELS, April 22 (Reuters) – EU companies may be able to work around Russia’s demand to receive gas payments in rubles without breaching sanctions if they pay in … Read more

New EU sanctions on Russia to target Sberbank, Commission head tells paper

The logo is on display in an office of the Russian largest lender Sberbank in Moscow, Russia December 24, 2020. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Register FRANKFURT, April 16 (Reuters) – The European Union’s forthcoming sanctions on Russia will target banks, in particular Sberbank (SBER.MM), as well as oil, the … Read more

The game is afoot: central banks ramp up inflation fight

Traders work as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen at the New York Stock Exchange (NYSE) in New York City, US, March 16, 2022. REUTERS/Brendan McDermid//File Photo Register now for FREE unlimited access to Register LONDON, April 14 (Reuters) – Central banks are racing to get on top … Read more

Russian oil embargo could be part of next EU sanctions package, ministers say

Commission is preparing grounds of embargo Ireland, Baltics in favour, Hungary against Governments wary of rising energy prices LUXEMBOURG, April 11 (Reuters) – The European Union’s executive is drafting proposals for an EU oil embargo on Russia, the foreign ministers of Ireland, Lithuania and the Netherlands said on Monday, although there was no agreement to … Read more

EU meets OPEC amid calls for oil output increase

The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina Register now for FREE unlimited access to Register BRUSSELS, April 11 (Reuters) – European Union officials will hold talks in Vienna with OPEC representatives on Monday … Read more

Germany could end Russian oil imports this year – Scholz

A chimney emits fire at the PCK Raffinerie oil refinery in Schwedt/Oder, Germany, March 7, 2022. The company receives crude oil from Russia via the ‘Friendship’ pipeline. Picture taken March 7, 2022. REUTERS/Hannibal Hanschke Register now for FREE unlimited access to Register LONDON, April 8 (Reuters) – Germany could end Russian oil imports this … Read more

EU adopts new sanctions against Russia including coal import ban

April 8 (Reuters) – The European Union on Friday formally adopted its fifth package of sanctions against Russia since the country’s Feb. 24 invasion of Ukraine, including bans on the import of coal, wood, chemicals and other products. The measures also prevent many Russian vessels and trucks from accessing the EU, further crippling trade, and … Read more