A fresh European Union sanctions package in response to Russia’s military operation in Ukraine is set to include “more Russian banks” being pushed out of the global SWIFT network, the bloc’s top diplomat Josep Borrell said Monday. “In the banking sector, there will be more Russian banks that will leave ...
The EU cannot fully replace Russian gas imports with fossil fuel supplies from other countries, EU Commissioner for Energy Kadri Simson said on Monday. Simson explained that in order to bridge this gap, the European Union will need to accelerate its deployment of renewable energy sources. “We cannot simply replace ...
