After fraught negotiations, the EU Commission has decided on its 21st sanctions package against Russia. Restrictions on the Russian financial sector will be further tightened and the “price cap” on crude oil exports will remain at a low of $44 per barrel. But individual countries intervened to block numerous proposals to sanction fish imports, LNG transportation and entry requirements for tourists, for example. Sick of making sacrifices The protracted negotiations are a cause for concern for die Zeit (Germany):JOIN US ON TELEGRAMFollow our coverage of the war on the @Kyivpost_official. “That competing national interests play a role in the drafting of sanctions is in itself nothing new. ... Weeks of wrangling over concessions have left EU member states divided and flattened by sanction fatigue. The image they present will certainly appeal to Putin: that of a Europe which, five years into this war, is primarily focused on the individual interests of its member states. ... This is all the more tragic given that this package of sanctions could well be the last. For where else can measures be found that inflict sufficient damage on Russia without being too painful for Europe? The willingness of European governments to impose sanctions seems to be exhausted.” No more hiding behind Orbán’s veto The haggling has been fierce, Latvia’s TVNet comments: “After four years of war and 20 rounds of sanctions, it is no longer possible to impose new restrictions without them also impacting major European companies and entire economic sectors. Consequently the sanctions policy is increasingly becoming a deal between member states – with each state only prepared to shore up the joint pressure on Russia if it can also protect its most sensitive interests. Viktor Orbán’s resignation has not resolved this contradiction. It has merely deprived other capitals of the opportunity to hide behind Budapest’s veto, forcing them to reveal far more clearly what each of them is unwilling to sacrifice in the name of sanctions.”
EU Adopts 21st Sanctions Package But Blocks Key Russian LNG and Tourism Restrictions
The EU has finalized its 21st sanctions package against Russia, but internal divisions led to the rejection of restrictions on LNG transport, fish imports, and tourist entry requirements.













