Slovakia opposes EU’s 18th sanctions package against Russia

According to webangah News⁢ Agency, despite the European Commission preparing the new sanctions package, Slovakia’s​ PM Fico stated his government would reject it.

Fico warned that a complete cutoff of Russian gas, oil, and nuclear⁢ fuel imports would trigger an economic crisis in Slovakia, urging the EU to find option solutions.

the proposed sanctions package – ⁣introduced Tuesday,June 10 ‌amid ongoing‍ Ukraine war tensions – ⁤targets Russia’s “shadow fleet” transporting oil abroad and seeks to lower the Russian oil price cap from ‌$60​ to $45 per barrel.

The EU, Australia and G7 nations (the world’s seven largest advanced economies)⁣ first imposed‌ the $60 price cap ⁣in December 2022 to limit Moscow’s ​energy​ export revenues.

European Commission ‌President Ursula von⁣ der⁢ Leyen ⁣asserted ⁤in Brussels: “We’re increasing pressure on Russia ⁣because ‌strength is the only language Moscow understands.”