Friday

29th Mar 2024

Ticker

US to blacklist Putin if he invades Ukraine again

The US would blacklist Russian president Vladimir Putin, cut off Russian firms from the 'Swift' international payments system, and block it from pumping gas in the Nord Stream 2 pipeline to Germany if Russia, once again, invaded Ukraine, according to a new Senate sanctions bill proposed by US Democrats Wednesday. "The US Senate will not stand idly by as the Kremlin threatens a re-invasion of Ukraine," senator Robert Menendez said.

Read and decide

Join EUobserver today

Get the EU news that really matters

Instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

Join EUobserver

EU news that matters

Join us