EU Struggles to Agree on 21st Russia Sanctions Package Amid Internal Divisions
Despite hopes that the departure of Hungary's Kremlin-friendly Prime Minister Viktor Orban would ease EU sanctions on Russia, the bloc's 21st sanctions package remains stalled after six weeks of negotiations. Key proposals, including an import ban on Russian fish and an automatic visa ban for Russian ex-combatants, have been watered down or scrapped due to objections from member states like Germany, Poland, Portugal, and Mediterranean countries. The oil price cap on Urals crude was extended by only seven days to July 23, entangled with Greece's demand for an open-ended exemption on Russian LNG shipping bans. Austria is also blocking approval, demanding compensation for Raiffeisen bank over alleged expropriation of its Russian operations. EU diplomats now refer to the package as 'the Emmental' due to its many holes.
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