Slovakia Blocks EU 18th Russia Sanctions Package Over Energy Concerns
Slovakia Blocks EU 18th Russia Sanctions Package Over Energy Concerns

Slovakia Blocks EU 18th Russia Sanctions Package Over Energy Concerns

News summary

The European Union's proposed 18th sanctions package against Russia, targeting its financial and energy sectors in response to the war in Ukraine, has encountered opposition from Slovakian Prime Minister Robert Fico. Fico has threatened to veto the sanctions, citing concerns over Slovakia's gas imports and the potential legal and financial repercussions from terminating a gas supply contract with Russia's Gazprom, valid until 2034. Despite constructive talks with European Commission President Ursula von der Leyen, no resolution has been reached, and Slovakia demands guarantees and compensation for possible damages and arbitration claims that could amount to billions of euros. Slovak Foreign Minister Juraj Blanár indicated that Slovakia could support the sanctions if they do not harm the national economy and if the EU provides adequate support to mitigate risks related to the rejection of Russian energy resources. Hungary shares a similar stance with Slovakia, opposing the gradual elimination of Russian energy imports under the current proposals. The EU and its international partners remain committed to limiting Russia's capacity to wage war, emphasizing sanctions as a key tool, but the lack of unanimity delays the adoption of the 18th package.

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