The EU prepares a new round of sanctions against Russia, internal differences remain
CCTV News Customer news The Russian satellite news agency reported on the 22nd, citing EU sources, that the EU will speed up the decision-making process of the eighth round of sanctions against Russia. The new round of sanctions could include capping Russian oil prices, sanctioning more Russian officials, and expanding the scope of direct attacks on the Russian economy. The EU will also discuss removing member states’ veto powers when voting on decisions relating to Russia.
However, the EU remains divided on whether to impose more sanctions on Russia. On the 21st, Hungarian Prime Minister Viktor Orban declared that the EU has suffered sanctions against Russia, which have led to skyrocketing prices and skyrocketing inflation: if the sanctions are lifted, the price of natural gas will immediately drop by 50% and inflation will also fall recession will be avoided. He wants the EU to lift sanctions by the end of this year. Orban said the EU sanctions have “pushed Europe into an energy crisis”.
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