logo
EU agrees on 18th sanctions package on Russia – DW – 07/18/2025

EU agrees on 18th sanctions package on Russia – DW – 07/18/2025

DW4 days ago
The 27 European Union member states have agreed on an 18th round of sanctions targeting Russia for invading Ukraine. The measures are intended to further reduce Moscow's income from the export of oil to non-EU countries.
The 27 member states of the European Union on Friday agreed upon an 18th round of sanctions on Russia over its full-scale invasion of Ukraine.
Slovakia had been holding up the decision, citing concerns over its gas imports. But Slovakian Prime Minister Robert Fico relented, saying he had instructed representatives to approve the measures.
Fico said that persisting would be "counterproductive" for Slovakia's interests as an EU member.
"The EU just approved one of its strongest sanctions packages against Russia to date," EU foreign policy chief Kaja Kallas said.
"Each sanction weakens Russia's ability to wage war. The message is clear: Europe will not back down in its support for Ukraine. The EU will keep raising the pressure until Russia ends its war."
German Chancellor Friedrich Merz also welcomed the package, saying in a post on X: It's good that we in the EU have now agreed on the 18th sanctions package against Russia."
"It targets banks, energy, and the military industry. This weakens Russia's ability to continue financing the war against Ukraine."
Ukrainian President Volodymyr Zelenskyy also welcomed the sanctions.
"This decision is essential and timely, especially now, as a response to the fact that Russia has intensified the brutality of the strikes on our cities and villages," he said on social media.
The sanctions package targets Moscow's financial and energy sectors and comes after Russian President Vladimir Putin's refused to agree to an unconditional ceasefire.
The EU has agreed to lower the price cap on Russian oil exported to third countries to 15% below market value. This is meant to reduce Russia's income by banning shipping and insurance companies that let Russia sell above the cap.
The cap was originally a G7 initiative, but the US is not party to the EU's new sanctions. EU officials have admitted this weakens their impact.
Brussels has issued several rounds of sanctions on Russia since Putin launched Moscow's full-scale invasion of Ukraine in February 2022.
More than 2,400 officials and "entities" have been hit with asset freezes and travel bans.
But each round of sanctions is getting harder to agree upon, as measures targeting Russia begin to hit the economies of the 27 member states.
In May, the block targeted almost 200 ships in Russia's sanction-busting shadow fleet of tankers. Friday's measures added another 100 ships to that list.
To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Moscow Not Expecting 'Breakthroughs' From Ukraine Talks
Moscow Not Expecting 'Breakthroughs' From Ukraine Talks

Int'l Business Times

time2 hours ago

  • Int'l Business Times

Moscow Not Expecting 'Breakthroughs' From Ukraine Talks

Moscow on Tuesday once again downplayed expectations for a third round of peace talks with Ukraine and did not confirm the date for a meeting in Istanbul set for Wednesday by Ukraine. That came after the Kremlin on Monday said that the two sides were far apart in their visions on how to end the more than three-year-old conflict, and as they continued to pummel each other with drones and missiles. "We don't have any reason to hope for some miraculous breakthroughs," Russian President Vladimir Putin's spokesman Dmitry Peskov said at a regular briefing in answer to AFP's question about the Kremlin's expectations from the talks. Outlining potential topics for discussion, Ukraine's President Volodymyr Zelensky said that Kyiv was ready to "secure the release of our people from captivity and return abducted children, to stop the killings, and to prepare a leaders' meeting." Moscow said that "a lot of work lies ahead" before even discussions could take place about possible talks between Putin and Zelensky, who last met in 2019. Ukraine said its ex-defence minister and current secretary of the security council, Rustem Umerov, will head Kyiv's delegation on the talks on Wednesday. But the Kremlin said only that it hoped talks could be held "this week". "As soon as we are ready, we will make an announcement regarding the dates," Peskov said. Moscow's delegation at the last round of talks with Ukraine was led by a hawkish historian and the current head of the Russian Union of Writers, Vladimir Medinsky, whom Ukraine described as a puppet with no authority. Ukrainian and Russian delegations met in Istanbul on May 16 and on June 2 as Washington stepped up pressure for a deal, but no breakthroughs were made and the talks only yielded agreements to exchange prisoners and soldiers' bodies. At the frontline, far from the diplomatic deliberations, the brutal conflict raged on, with Moscow and Kyiv saying that they had intercepted dozens of drones launched at each other. The Russian army also said that it had captured the village of Novotoretskoye in the Donetsk region -- the latest advance as Moscow intensifies its ground offensive. A Ukrainian drone strike on a private bus in the Russian-occupied part of the Kherson region killed three people and wounded another three, a Moscow-installed official said. Another man died in Russia's western border Belgorod region after a Ukrainian attack, according to the local governor. At the same time, a Russian drone and missile salvo on Ukraine killed a 10-year-old boy in the eastern frontline city of Kramatorsk, and wounded more than a dozen people across the country, Kyiv's authorities said. In recent weeks, Russia has fired a record number of drones and missiles at Ukrainian cities, and seized more frontline territory, which Kyiv says is evidence that Moscow is not serious about halting the all-out offensive it launched in February 2022.

Germany updates: EU ministers talk migration in Denmark – DW – 07/22/2025
Germany updates: EU ministers talk migration in Denmark – DW – 07/22/2025

DW

time3 hours ago

  • DW

Germany updates: EU ministers talk migration in Denmark – DW – 07/22/2025

Germany's Alexander Dobrindt, a migration hard-liner, is attending a meeting of EU interior ministers on the issue in Denmark. DW has this and more in its blog on German current affairs. EU interior ministers are meeting in the Danish capital, Copenhagen, on Tuesday for talks on how best to combat irregular migration and organized crime. Among them is be German Interior Minister Alexander Dobrindt, who last week already advocated a harsher European migration policy in talks with several counterparts, including on repatriations of rejected asylum-seekers to countries like Syria and Afghanistan. Meanwhile, a cyber espionage operation targeting Microsoft server software has compromised a large number of organizations, including some in Germany. A German Air Force flight made an emergency landing in Leipzig on Monday night after a warning message went off in the cockpit, a spokesperson said. Speaking with the German press agency DPA, the Airbus A319 was on its way back from Berlin to its base in Cologne. Earlier, the plane had been carrying Justice Minister Stefanie Hubig, who had been on her first official visit to Poland. She had disembarked in Berlin. The spokesperson said that the plane would be inspected today, after which a decision will be made if the aircraft needs repairs. German military equipment has long been the butt of international jokes for being run-down and out of date. Former Chancellor Angela Merkel famously had to break off a journey to a G20 summit when her plane experienced technical issues. The German media group Südwestdeutsche Medienholding (SWMH), which owns daily among other publications, has been the target of a "critical IT security incident," it said on Tuesday. The group said its internal network was briefly accessed by unauthorized individuals in mid-July, affecting all the companies connected by it, including the and dailies. It said the attack had been stopped and that all online reporting and newspaper production had continued without disruption. The attack has been reported to the police cybercrime unit and the incident is being investigated by external IT security experts, it said. SWMH is one of Germany's largest newspaper publishers and employs some 4,500 people. Germany's Constitutional Court has upheld a three-year jail sentence handed to a former doctor convicted of assisting in the suicide of a mentally ill patient. The man had filed a complaint with the court claiming that his basic rights had been violated by his punishment. The court said the man had failed to prove sufficiently that this was the case. The former doctor was sentenced in 2024 by a regional court in Essen for having assisted the patient to commit suicide in 2020, although the latter suffered from paranoid schizophrenia and was considered by the court to be incapable of taking a free decision to take his life. Physician-assisted suicide is legal in Germany under some circumstances, but the patient has to be determined to be mentally sound enough to make the decision. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 videoEuropean countries have massively increased their defense spending amid fears of further Russian territorial aggression. Several startups in Germany are seeking to exploit the trend but face many challenges. DW has this video analysis: To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video The German Association of General Practitioners (Hausärztinnen- und Hausärzteverband) has warned that a newly introduced system aimed at allowing health care providers to more easily exchange patient data is in danger of "crash landing." "The number of active users is sobering," association chairman Markus Beier told the daily . "If those in charge keep on as they have been, one of the most important care projects of the past years will fail slowly but surely." He said this would be bad news for patients, as "a well-implemented electronic patient file indubitably would have the potential to tangibly improve and simplify care." He called on health insurance companies to conduct a "big and coordinated information campaign" for their customers. Beier, however, also criticized the system itself as being over-complicated to use, saying that barely a week went by in which doctors' practices didn't have problems accessing patient files. Electronic patient fileswere rolled out nationwide in April of this year. The files contain the entire medical history of a patient, with aim of facilitating treatment coordination between physicians and other health care providers. Internet security experts say there have been dozens of hacking attacks on self-hosted servers using Microsoft's SharePoint software, affecting several organizations, including government bodies, mostly in Germany and the US. The SharePoint servers are widely used by organizations, including government bodies, major industrial firms, banks, auditors and health care companies, for the internal sharing of documents and to facilitate collaboration. Security researchers warn that the hacking operation, reportedly known as "ToolShell," is a serious one and can allow actors to fully access SharePoint file systems, including services connected to SharePoint, such as Teams and OneDrive. The hack allows the perpetrators to potentially drop a so-called backdoor to give them continuous access to victim organizations. Microsoft said it had "provided security updates and encourages customers to install them," a company spokesperson said in an emailed statement. It said the vulnerability affects only on-site SharePoint servers used within businesses or organizations and not Microsoft's cloud-based SharePoint Online service. Eye Security, a Netherlands-based cybersecurity firm that helped uncover the operation, has declined to identify the affected organizations, but said the relevant national authorities had been notified. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Interior ministers from the 27 EU member states are set to meet in the Danish capital,Copenhagen, for talks focusing on migration and European security. Discussions are to center on how best to repatriate people who have had their asylum requests refused and how to combat irregular migration. The fight against organized crime and the drug trade will also be on the agenda. Proposals on the table include the possibility of setting up so-called repatriation centers outside the EU. German Interior Minister Alexander Dobrindt is expected to be among the attendees. Dobrindt has already implemented controversial pushback measures at Germany's borders that a court has ruled to be illegal. Last Friday, the conservative politician from Bavaria's Christian Social Union (CSU) also pushed for much harsher European migration policies in talks with counterparts from Austria, France, Denmark, Poland and the Czech Republic during a summit hosted in Germany. This included proposals to be more rigorous in sending people back to home countries whose security situation is fragile, such as Syria and Afghanistan. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video from the DW Bonn newsroom on the banks of the Rhine! Riding high after sealing an agreement from a German business alliance to invest €631 billion ($733 billion) in Germany over the next three years, Chancellor Friedrich Merz is turning to foreign diplomacy on Tuesday, hosting Czech Prime Minister Petr Fiala in Berlin. Meanwhile, Merz's interior minister, Alexander Dobrindt, is set to attend a meeting in Denmark with his EU counterparts to talk migration. German Development Minister Reem Alabali Radovan is also setting off, headed to South Africa as part of the Just Energy Transition Partnership. He's also planning to take part in the G20 development ministers' summit taking place in Johannesburg. For the latest developments, explainers and analysis from Germany, keep reading.

'Made for Germany': German Companies show optimism – DW – 07/22/2025
'Made for Germany': German Companies show optimism – DW – 07/22/2025

DW

time4 hours ago

  • DW

'Made for Germany': German Companies show optimism – DW – 07/22/2025

German Chancellor Friedrich Merz has joined forces with the country's top business leaders, who pledge major investment to pull Germany out of recession. There is always an element of psychology in economics. If companies are confident they can do good business in the future, they will strongly invest. If prospects look poor, they will hold on to the money. The COVID-19 pandemic with its collapse of international supply chains, the war in Ukraine, the subsequent energy crisis and inflation, the weakening economy in China — all took a heavy toll on the export-oriented German economy. Economic activity nosedived. Germany slid into a lasting recession. Since then, optimism has not returned. The Organization for Economic Co-operation and Development (OECD) registered a lower investment ratio for Germany in 2024 than all other 38 member countries. That will soon change, according to the heads of leading companies in Germany. A total of 61 of them, including corporations such as Airbus, BASF, BMW, Deutsche Börse, Mercedes-Benz, Rheinmetall, SAP, Volkswagen but also the US corporations Nvidia, Blackrock and Blackstone — have launched the initiative "Made for Germany." The name is reminiscent, deliberately, of the slogan "Made in Germany" which has become a symbol of quality. Together, the corporations representing a third of the German economy want to invest €631 billion ($733 billion) in Germany over the next three years. The money will go toward new and existing factories, as well as research and development. "We want economic growth, we want to strengthen Germany's competitiveness, we want to defend our technological leadership or extend it further," one of the alliance's two initiators, Siemens chief executive Roland Busch, said following a meeting of the initiative with government politicians at the chancellery. Christian Sewing, chief executive of Deutsche Bank and co-initiator of the alliance alongside Busch, expects even more businesses to join. "Germany is back. It's worth investing in Germany again," said Chancellor Friedrich Merz of the conservative Christian Democrats (CDU) after the meeting. "We stand here before one of the largest investment initiatives that we have seen here in Germany in recent decades. We are not a location of the past, but a location of the present and above all the future," he added. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video The mood in the chancellery was clearly positive. However, the economic situation in Germany remains sluggish; the country is facing its third year in a row without growth. Given the tariff policies of US President Donald Trump, the outlook is anything but good. Reviving the economy is the top priority for Germany's new government. The coalition of the center-right Christian Democrats and Christian Social Union (CDU/CSU) and the center-left Social Democrats has been in office since early May. They have made their first steps: The Bundestag federal parliament and Bundesrat upper house have authorized the borrowing of €500 billion ($580 billion) for a special fund for government investment in infrastructure and climate protection. Its intended focus is to whip the country's ailing transport routes into shape, invest in energy networks, digitization and research. Energy prices for the industry will be reduced, and businesses are set for massive tax relief. Initially, investment in production facilities, machinery, equipment, research and development will be accounted for during tax assessments. In the medium term, taxes on business are to be reduced. In Friedrich Merz, Germany now has a chancellor who himself spent many years in business. Among other roles, the lawyer formerly chaired the supervisory board of the US financial investor BlackRock. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video "Today we have begun a new form of cooperation," Siemens head Busch said. "The conversation has shown that politics and business are on the same page." Deutsche Bank CEO Sewing added: "In my view, we are experiencing a government that is moving quickly. The most important things — growth and competitiveness — are right at the top of the agenda." To release the announced billions, politicians should ease up on regulations and give companies more freedom, Sewing said. Businesses are calling for reforms, especially concerning bureaucracy and social security contributions which push up the cost of labor. In Germany, employers and employees each pay half of worker contributions to health insurance, unemployment insurance and pensions. Due to higher costs for healthcare, health insurance contributions increased across the board at the beginning of this year. Contributions to long-term care insurance are expected to rise in 2026. In Germany, 42% of the gross national product goes toward social services. Pension funds are the biggest driver of this. Germany is an ageing society, and the baby boomer generation will retire from the workforce in the coming years. In addition, life expectancy is increasing. To afford the old-age pension, the government must contribute more money to the pension funds each year. According to the OECD, reforming social insurance is the biggest challenge for Germany. If nothing changes, the government will need to keep taking on more debt to keep social systems afloat. Chancellor Friedrich Merz has announced that reforming the social system is next on his coalition's political agenda. Initial findings are expected in the coming you're here: Every Tuesday, DW editors round up what is happening in German politics and society. You can sign up here for the weekly email newsletter, Berlin Briefing.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store