European Commission

The European Commission is seeking to speed up the approval of a mechanism that will allow the use of profits from Russia’s frozen sovereign assets so that Ukraine can receive the first tranche of up to three billion euros as early as July this...

The European Union will initiate consultations with its member states in the coming days regarding a new package of sanctions against Russia. This package, the twelfth since the start of Russia’s full-scale invasion of Ukraine, will include a ban on Russian diamonds, further measures...