Putin's new threats push the European Union to a significant strengthening of sanctions - Bloomberg

It is reported that such decisive actions are caused by new threats to the President of Russian Vladimir Putin on the use of nuclear weapons and declaration of mobilization in Russia. Because of this, the European Union wants to join efforts with the United States to hit Moscow's income as much as possible. However, as stated in the material, such a plan faces many obstacles. The fact is that sanction decisions require unanimity.

This aspect is especially relevant because each country needs energy resources. The material states that members of the Member States will meet on weekends to discuss new sanctions, which, in addition to oil restrictions, may include additional restrictive measures for individuals and sectors such as technologies and luxury technologies. Sources have informed journalists that many details still need to be worked out, including setting a marginal price.

It also remains unclear how such a restriction will be implemented next to the EU embargo on Russian oil and a ban on the services required for its delivery previously agreed this year. The publication writes that representatives of the Member States in Brussels will seek to reach a preliminary agreement on the price limit before the informal meeting of EU leaders in Prague on October 6. However, Hungary will interfere with.

So, it is reported that Hungary Prime Minister Viktor Orban launched a campaign of critics of any energy sanctions throughout the block. Thus, Hungary delayed the adoption in June of the EU sanctions against raw oil, and signed it only after it received exceptions, which were still allowed to receive access to pipeline oil. Earlier, Focus reported that European industries are transferred to the United States because of high energy prices.